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Nakiki SE · ISIN: DE000WNDL300 · EQS - adhoc news (35 News)
Country: Germany · Primary market: Germany · EQS NID: 1864541
21 March 2024 02:45PM

Takeover of Legal Finance SE; planned name change; change of Supervisory Board members


EQS-Ad-hoc: Nakiki SE / Key word(s): Takeover/Miscellaneous
NAKIKI SE: Takeover of Legal Finance SE; planned name change; change of Supervisory Board members

21-March-2024 / 14:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Nakiki SE announces that it has concluded agreements on the contribution of all shares in Legal Finance SE. The contribution will be made without granting new shares in Nakiki SE.

The value of the contribution is 14 million euros. The value is in line with a company valuation (fairness option) of Legal Finance SE.

Legal Finance SE is an international litigation financing company based in Frankfurt, which finances legal proceedings and claims through its subsidiaries. According to its audited half-year financial statements as at 30 June 2023, Legal Finance SE had total assets of EUR 5.3 million.

In connection with this contribution, Nakiki SE intends to change its name and to operate under the name Legal Finance Holding SE.

The board will be reorganised as follows
Supervisory Board: Adrian Fuhrmeister, Edgars Cellers, Thomas Schröter

The previously appointed members of the Supervisory Board, who exercised their mandate on an interim basis during the final phase of the insolvency proceedings, will no longer work for the company. They will leave the company on the best of terms. The company would like to thank them for their commitment during this challenging period of transition.

It is intended to appoint an additional Management Board member in the short term. Hendric Groth will continue to work for the company during the transition period.
 

NAKIKI SE, in future Legal Finance Holding SE
Johnsallee 30
20148 Hamburg
Germany
Internet: https://nakikifinance.com/
E-mail: info@nakikifinance.com
Commercial Register: AG Munich HRB 228000
WKN: WNDL30
ISIN: DE000WNDL300



End of Inside Information

21-March-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Nakiki SE
Johnsallee 30
20148 Hamburg
Germany
E-mail: info@nakikifinance.com
Internet: https://nakikifinance.com/
ISIN: DE000WNDL300, DE000WNDL318
WKN: WNDL30, WNDL31
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1864541

 
End of Announcement EQS News Service

1864541  21-March-2024 CET/CEST

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This publication was provided by our content partner EQS3.

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