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Meriaura Group Plc: The execution of the acquisition of Summa Defence Oy's share capital has begun, a new schedule
Globenewswireยท2025-05-30 12:30

Group 1 - The execution of the acquisition of Summa Defence Oy's share capital has commenced, with a conditional share exchange agreement signed on January 29, 2025 [1] - The arrangement includes the sale of Meriaura Oy's shares to Meriaura Invest Oy and the acquisition of treasury shares from Meriaura Invest Oy, approved by the Annual General Meeting on April 24, 2025 [1] - The schedule for completing the transaction has been clarified, with ownership and financing arrangements for Aquamec Oy starting on May 30, 2025, and trading in new shares expected to begin no later than June 11, 2025 [2] Group 2 - Meriaura Group Plc operates in two business areas: Marine Logistics and Renewable Energy [3] - The Marine Logistics segment, through Meriaura Oy, provides low-emission marine transport services for bulk cargo and project deliveries, particularly in Northern Europe [3][4] - The Renewable Energy business focuses on clean energy solutions, including large-scale solar thermal systems and high-quality solar power systems for various applications [5] Group 3 - Meriaura Group's shares are listed on Nasdaq First North Growth Market Sweden and Finland under the names MERIS and MERIH, respectively [6]