Business
Completion of Acquisition
Completion of Acquisition.
About this update from Krm22 Plc
[{"type":"text","content":"\n \nRNS Number : 8488A KRM22 PLC 03 June 2019 \n\nKRM22 plc\n \n(\"KRM22\" or the \"Company\")\n \nCompletion of Acquisition \n \n \nKRM22 plc, (AIM: KRM) the technology and software investment company focused on risk management for capital markets, is pleased to announce that further to its announcement of 30 May 2019, the Company confirms that the Acquisition of Object+ Holding B.V. is now complete. \n \nAccordingly, Admission of the 606,909 new Ordinary Shares pursuant to the Acquisition is expected to become effective on or around 4 June 2019 (\"Admission\"). Following Admission, KRM22 will have 18,866,969 Ordinary Shares in issue. All Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 18,866,969.\n \nCapitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to such terms in the announcement titles Acquisition of Object+ on 30 May 2019 unless the context requires otherwise.\n \nFor further information please contact:\n \nKRM22 plc [email protected]\nKeith Todd CBE, Executive Chairman and CEO\nKaren Bach, COO\n \nfinnCap Ltd (Nominated Adviser and Sole Broker) +44 (0)20 7220 0500\nCarl Holmes / Kate Bannatyne / Matthew Radley\n \nAbout KRM22 plc\nKRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk manageme...