R.E.A. Holdings plc: Further re further investment by DSN in REA Kaltim
March 18 2024 - 4:08AM
EQS Regulatory News
R.E.A. Holdings plc (RE.)
R.E.A. Holdings plc: Further re further investment by DSN in REA
Kaltim
18-March-2024 / 09:08 GMT/BST
R.E.A. Holdings plc
("REA" or the
"company")
Share subscription agreement with PT Dharma
Nusantara Satya ("DSN")
As detailed in
the company’s circular to shareholders dated 25 January 2024, the
company entered into a share subscription agreement with DSN
pursuant to which, inter alia, a subsidiary of DSN agreed to
subscribe for additional shares in the company’s principal
operating subsidiary, PT REA Kaltim Plantations
("REA Kaltim"),
so as to increase the DSN group's interest in REA Kaltim from 15
per cent to 35 per cent (the "DSN share
subscription").
Further to the
company’s announcement on 29 February 2024 regarding satisfaction
of all conditions pursuant to the DSN share subscription, REA is
now pleased to announce that, in line with expectations, closing
has taken place and all immediate financial settlements due on
closing have been received.
Enquiries:
R.E.A. Holdings
plc
Tel: 020 7436
7877
Dissemination of a Regulatory Announcement that contains inside
information in accordance with the Market Abuse Regulation (MAR),
transmitted by EQS Group.
The issuer is solely responsible for the content of this
announcement.
|
| |
ISIN: |
GB0002349065 |
Category Code: |
FUR - . |
TIDM: |
RE. |
LEI Code: |
213800YXL94R94RYG150 |
Sequence No.: |
310356 |
EQS News ID: |
1860981 |
|
End of Announcement |
EQS News Service |
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