Closing completed in connection with acquisition of Simple SMS in Austria
Reference is made to the stock exchange announcement from LINK Mobility Group ASA ("LINK" or the "Company") on 22nd of December 2017 regarding the signing of a definitive agreement for the acquisition of Austrian mobile messaging business ("Simple SMS Group") from the seller Christoph Holubar. LINK has today completed the acquisition of Simple SMS Group by acquisition of all shares in Simple SMS GmbH and Simple SMS Wholesale GmbH. The acquisition was completed based on an updated estimate of the enterprise value of EUR 2.242 million, on a cash-free and debt-free basis. The updated