GO plc – Signing of Preliminary Agreement
GO p.l.c. issued the following Company Announcement pursuant to Malta Financial Services Authority Listing Rules.
The Company announces that its fully-owned subsidiary, GO Data Centre Services Limited, has today entered into a preliminary agreement to purchase 51% of the issued share capital of Kinetix IT Solutions Limited, a limited liability company registered in Malta under company registration number C 27726. The acquisition is subject to regulatory approval being obtained. Following the completion of the transaction, GO Data Centre Services Limited will hold a controlling interest in Kinetix IT Solutions Limited. The acquisition of shares in Kinetix IT Solutions Limited falls below the threshold of a Class 1 transaction as set forth in the Listing Rules.
To view the Official Company Announcement, click here.