Profil:
Novaturas ABNOVATURAS AB (245/2025) Announcement regarding the progress of the second transaction stage with strategic investor
Report no 245/2025
Podstawa prawna: Art. 17 ust. 1 MAR
The company previously informed that in March it attracted a strategic investor - Turkish tourism sector businessman and investor Neset Kockar, who manages international aviation, real estate, tourism and other businesses. In April, the first stage of the transaction was successfully completed, during which N. Kockar acquired 23.2% of the company's shares from three individual shareholders.
The transaction parties planned to complete the second stage of the transaction by autumn, after which N. Kockar would control 33.19% of Novaturas shares. However, the company received information that the second stage of the transaction is being terminated according to the terms of the concluded agreements, and the transaction parties will continue negotiations regarding new agreement terms.
The exact date by which a new agreement may be reached is currently unknown. It should be noted that attracting the strategic investor strengthens the company's financial position and reliability - N. Kockar provided Novaturas with a 1 million loan, which was later expanded to 2 million, and agreements with financial and insurance institutions were also reached.