JAKOTA CAPITAL (01468) Calls Off Acquisition of Jakota Capital AG

Stock News03-06

JAKOTA CAPITAL (01468) has announced the termination of its planned acquisition of Jakota Capital AG, a transaction that was set to involve the issuance of consideration shares under a general mandate. Following careful consideration and discussions between the company and the seller regarding shifts in the overall market environment and the future business direction of the group, both parties mutually agreed not to proceed with the acquisition at this time. On March 6, 2026, the company and the seller entered into a termination letter, through which they mutually agreed to terminate the agreement (as amended by a supplemental agreement), effective from the date of the termination letter. According to the termination letter, all rights, obligations, and responsibilities of the contracting parties will cease and terminate. Neither party may make any claims against the other concerning the acquisition, except in cases of prior breaches of any obligations under the agreement (as amended). The board of directors believes that the termination will not have any significant adverse impact on the group's existing business, operations, or financial condition.

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