Pressmeddelanden, rapporter och bolagsmeddelande för Pure Positioning AB

Enersize Oyj and Pure Positioning AB have signed an addendum to their previously announced Letter of Intent, setting the main commercial terms for Enersize's planned acquisition of PPAB. Enersize will issue 53 billion new shares to PPAB shareholders in exchange for all outstanding shares in PPAB, valuing PPAB at approximately SEK 530 million and Enersize at SEK 80 million. This results in a post-transaction ownership distribution of 85% to PPAB's shareholders and 15% to Enersize's current shareholders. Shareholders representing about 40% of Enersize have agreed to the terms and committed to voting in favor of the acquisition. The acquisition is subject to due diligence and approval from Nasdaq Stockholm for continued trading and re-listing on Nasdaq First North Growth Market. The addendum is not binding but shows the parties' intention to complete the acquisition.