NYAB Oyj (HLSE:NYAB) signed a Letter of Intent to acquire Dyk & AnlÄGgning Stockholm Aktiebolag for SEK 26 million on February 29, 2024. The consideration consists of SEK 13 million in cash and SEK 13 million in common equity. As part of the consideration, SEK 26 million was paid towards common equity. The completion of the acquisition is subject to satisfactory Due Diligence review. Closing is expected to take place during the month of April. Augment Partners Ab acted as Financial advisor to NYAB Oyj (HLSE:NYAB).

NYAB Oyj (HLSE:NYAB) completed the acquisition of Dyk & AnlÄGgning Stockholm Aktiebolag on May 31, 2024. NYAB Plc has decided on the issuance of 2.33477 million new shares in the Company through a directed share issue. Subscription price in the share issue was ?0.48 per share and it was paid as an in-kind consideration with shares in Dyk & Anläggning Stockholm AB. NYAB agreed to acquire all shares amounted to SEK 26 million of which, NYAB paid 50% as a cash consideration and the remaining with the directed share issue.