New Wave Group acquires 51 % of the shares in the Intraco group of companies with call options to acquire the remaining shares
Today, New Wave Group has entered into a share transfer agreement with Van der Spruit Beheer B.V. regarding an acquisition of 51 % of the shares in Intraco Holding B.V. (based in the Netherlands) and its subsidiaries. Furthermore, Van der Spruit Beheer B.V. has given New Wave Group call options to acquire the remaining 49 % of the shares on four different occasions, namely during 2007 (7.5 %), 2008 (10 %), 2009 (12.5 %) and 2010 (19 %). The purchase sum at both the initial acquisition and in connection with exercising of the call options regarding the remaining shares is based on the result