BRAbank ASA: BRA-ME - New BRAbank ASA enters into agreement with Stacc AS
Related to the merger between Easybank ASA (EASY-NOTC) and BRAbank ASA (BRA-ME), an agreement with Stacc AS have been agreed, that stipulate that certain intellectual property relating to Application management system, Internet banking and credit card applications developed by BRAbank, is transferred to Stacc AS. The intention is that Stacc AS will further develop and commercialize the systems in question. The agreement ensures that the merged company (New BRAbank) receives a share of future commercial income related to the systems developed by BRAbank. Stacc AS will establish a subsidiary