Checkin.Com Group AB (Publ) (OM:CHECK) entered into an agreement to acquire DATACORP OÜ for €4.2 million on December 15, 2021. The total consideration will be paid 52% in consideration shares in Checkin.com Group and 48% in cash and cash equivalents. The consideration shares are subject to a lock-up period of 12 months, during which they may not be sold. After the acquisition is completed all key personnel in DATACORP OÜ will own approximately 1.3 % of the shares in Checkin.com Group AB, which are issued as part of the transaction. Completion of the transaction is expected to take place during January 2022. DATACORP is expected to have a neutral impact on the group's operational cash flow. Bird & Bird is acting as legal advisor to Checkin.com Group in relation to the transaction.

Checkin.Com Group AB (Publ) (OM:CHECK) completed the acquisition of DATACORP OÜ on January 25, 2022.