Anemoi International Updates on Trasna Acquisition

Anemoi International Ltd has entered into an amended binding Sale and Purchase Agreement to fully acquire Trasna Solutions FZ LLC. The acquisition values Trasna at $150 million, with payment through new Anemoi shares priced at £0.02 each. This reverse takeover includes significant share restructuring aimed at optimizing company share circulation.

A proposed 1 for 100 share consolidation seeks to reduce the total shares outstanding, increasing share value. This shift intends to align with market practices making stocks more attractive to investors. Upon finalizing the transaction, Anemoi will be renamed Trasna Ltd and seek readmission to the London Stock Exchange's Main Market.

The transaction includes measures for current warrant holders to surrender and subscribe to shares at the same £0.02 rate, potentially easing market concerns and stabilizing capital. However, completion depends on due diligence and further funding, with terms subject to changes.