RE: Wondering4 Apr 2018 12:17
flundra
Its in black and white below.
PRINCIPAL TERMS AND CONDITIONS OF THE ACQUISITION
Pursuant to the Acquisition Agreement, HALO B.V. has agreed to acquire all the issued shares in the capital of Tullow 101 with effect from 00.00.01 on 1 January 2017 conditionally upon passing of the Resolution at the General Meeting and re-admission of the Company's Ordinary Shares to trading on AIM. The purchase price payable at Completion is based on an enterprise value of �4,752,675 subject to working capital adjustment and adjustment for intra-group indebtedness, the net effect of which is that the Seller shall receive an estimated amount of �9,752,429 on Completion.