Value8 acquires 56,8% stake in NedSense

NedSense enterprises n.v. (“NedSense“) today announces that it was informed by Value8 N.V. (“Value8“) that Value8 has acquired an interest of approximately 56,8% of all issued and outstanding ordinary shares of NedSense at a price of EUR 0.08 per share.

Value8 supports the proposed transaction with Ronglian Investments Limited (“Ronglian”) and has provided NedSense with the written commitment to vote in favour of the resolution of the proposed sale of the Loft Division to Ronglian in the extraordinary general meeting of the Company that will be held on 25 February 2016 (the “EGM“).

 

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