eEducation Albert AB (publ) (OM:ALBERT) agreed to acquire Holy Owly for approximately SEK 25 million on December 19, 2022. The Purchase Price shall be paid in the form of newly issued shares in Albert and it will be subject to leakage and shareholders loans . An additional purchase price of a maximum of approximately SEK 15 million may be paid, which is conditional on certain financial targets for the Albert Group being met. Any additional purchase price shall be paid in cash. The completion of the acquisition is expected to take place during January 2023 and is conditional on the Extraordinary General Meeting in January 2023 deciding on authorisation for the Board of Directors to issue shares. Anne-H?l?ne Le Trocquer and Nelson Da Riba, Fr?d?ric Milcamps and Benjamin May of Aramis Societe d'Avocats acted as legal advisor to eEducation Albert AB (publ).


eEducation Albert AB (publ) (OM:ALBERT) completed the acquisition of Holy Owly on January 20, 2023. The final purchase price is SEK 9 million for this eEducation Albert AB issuing 482,750 shares with the subscription price of SEK 18.70643 per share.