Anemoi enters into binding Sale and Purchase Agreement to acquire Trasna
Source: EQS|
(Reuters: AMOI.L, Bloomberg: AMOI:LN) ("Anemoi" or the "Company")
Further to the Company’s announcement dated Highlights
Trasna About Trasna Trasna is a global technology leader specialising in semiconductor and mobile Internet of Things (“IoT”) solutions. With more than 600 employees and 200 clients worldwide, it combines expertise in semiconductors, secure data management, edge computing, AI, and blockchain to create innovative, end-to-end solutions - from chip design and SIM manufacturing to over-the-air subscription and device management. Trasna provides end-to-end cellular IoT solutions with a fully integrated hardware and software stack, providing complete IoT lifecycle management solutions. Trasna’s aim is the simplification of mass IoT, focusing on security, efficiency, and innovation. Trasna has been hailed as one of the most complete, innovative, and fastest-to-deploy eSIM solution providers in the World. Rationale for the Proposed Transaction The Directors of Further Details The Proposed Transaction remains subject to various conditions, including full due diligence and a fundraise at the time of the RTO and Readmission (defined below). Due to the size of the Proposed Transaction relative to the Company's market capitalisation, the Proposed Transaction will be classified as a reverse takeover. The Company will be seeking readmission and trading of its shares to the Equity Shares (Commercial Companies) category on the Main Market of the Shareholders should be aware that there is a possibility that the Proposed Transaction will not proceed or that the terms may change depending upon the outcome of due diligence. The Company will provide further updates on the Proposed Transaction in due course.
" I am delighted that we have secured such an exciting business prospect for our Shareholders who I would like to thank, along with the AMOI Board, for your patience during the search process. Thank you all for your support on this stage of a journey which in reality is only just beginning." “My thanks also to Stephane for engaging with us. Whilst I have only known Stephane a few months, he strikes me as man on a mission, someone who shares my own “can do” attitude to life and business.” “In the coming days we will announce the advisory team that we will appoint to implement and execute the transaction.”
“The proposed RTO into
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| ISIN: | VGG0419A1057 |
| Category Code: | TST |
| TIDM: | AMOI |
| LEI Code: | 213800MIKNEVN81JIR76 |
| Sequence No.: | 412203 |
| EQS News ID: | 2249600 |
| End of Announcement | |
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