EQS-Adhoc

Samara Asset Group p.l.c. enters into a purchase agreement for the acquisition of various fund - Seite 2

In the second step, Samara will acquire the Stakes in the other three funds from AIG (the “Further Assets”) with an aggregate net asset value (and hence purchase price) of approx. EUR 73.8 million. The consideration payable by Samara for the Further Assets will be settled by the transfer and/or issue of approx. 48.0 million ordinary shares in Samara at an issue price of approx. EUR 1.54/share (being the volume weighted average trading price of Samara’s shares for the 20 trading days ended on 11 December 2023).

The purchase agreement provides for a price adjustment in due course in the event that the aggregate net asset value of the Assets and the Further Assets set out in the FY23 audited accounts of the underlying funds differs from the aggregate valuation originally attributed to them in the purchase agreement.

The consideration for the Further Assets will be funded through an issue of shares in Samara to AIG. Samara will hold an extraordinary general meeting (“EGM”) towards the end of January 2024 for the purpose of seeking shareholder approval of, inter alia, all relevant resolutions needed to enable Samara to issue ordinary shares to AIG for the purposes of the transaction. Closing of this step of the transaction is subject to the said shareholder approval. Samara expects to publish the EGM notice and all other ancillary documents soon.

Media Contact:

Samara Asset Group p.l.c.

66/67, Beatrice, Amery Street,

Sliema, SLM 1707, Malta

https://samara-ag.com/

E-mail: [e-mail]

End of Inside Information

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Information and Explanation of the Issuer to this announcement:

 

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12-Dec-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Samara Asset Group p.l.c.
	Beatrice 66 & 67, Amery Street
	SLM 1707 Sliema
	Malta
E-mail:	[e-mail]
Internet:	cryptology-ag.com
ISIN:	MT0001770107
WKN:	A2JDEW
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1795479