SaveLend Group AB OMXSTO:YIELD:
SAID ON THURSDAY UNIT SBL FINANS AB HAS ENTERED INTO A CONDITIONAL AGREEMENT TO ACQUIRE REFINO AB'S DEBT CONSOLIDATION LOAN BUSINESS
NO PURCHASE CONSIDERATION WILL BE PAID UPON COMPLETION
COMPLETION WILL TAKE PLACE THROUGH THE TRANSFER OF OPERATIONS EFFECTIVE 1 AUGUST 2026
REFINO AB WILL RECEIVE AN ONGOING ROYALTY EQUAL TO 45% OF THE BUSINESS'S PROFIT BEFORE TAX UNTIL JULY 31, 2032
REFINO AB HAS UNDERTAKEN TO INVEST IN SAVELEND GROUP THROUGH A CONVERTIBLE INSTRUMENT