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Pro Kapital Grupp M&A Activity 2023

Jul 24, 2023

2222_iss_2023-07-24_c9034e11-a694-4fbe-ad2d-22401aa6c2e5.pdf

M&A Activity

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Company AS Pro Kapital Grupp

Type Company Release

Category Other corporate action

Disclosure time 24 Jul 2023 15:00:00 +0300

Currency

Title

AS Pro Kapital Grupp is considering acquisition of stake in real estate company in Italy

AS Pro Kapital Grupp (Pro Kapital) has signed on 21 July 2023 a preliminary agreement with an intention to buy 67,5% of the shares of Preatoni Nuda Proprieta S.R.L (registered office in Milan, Italy).

With this agreement Pro Kapital, as a promissory buyer, reserves its rights to buy the shares and initiates due diligence. Pro Kapital has time until 31 October 2023 to decide whether to proceed with the transaction or decline.

Edoardo Axel Preatoni Member of the Management Board Phone: +372 614 4920 Email: [email protected]

Finantsinspektsioon http://www.fi.ee