NetJobs To Acquire Majority Stake In Lane Capital, List On Spotlight

Reuters11-05

Nov 5 (Reuters) - NetJobs Group AB ::
*INTENDS TO ACQUIRE MAJORITY STAKE IN LANE CAPITAL FROM IRON BRANCH
*INTENDS TO LIST ON SPOTLIGHT MARKET AND DELIST FROM FIRST NORTH
*TO FINANCE DEAL THROUGH 77.8 MILLION SHARES, PROMISSORY NOTE OF SEK 10 MILLION
*PURCHASE PRICE CORRESPONDS TO ABOUT SEK 70 MILLION BASED ON LATEST CLOSING PRICE OF NETJOBS SHARES
*AFTER DEAL ABOUT 71% OF SHARES IN NETJOBS TO BE OWNED BY SELLER OF LANE CAPITAL, IRON BRANCH
*REMAINING 29% OF NETJOBS SHARES WILL BE OWNED BY THE COMPANY'S CURRENT SHAREHOLDERS

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 05-NOV-202515:28:11 GMT

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