Pantaluren Group AB (publ) (NGM:PANT MTF) entered into letter of intent to acquire Mediacle Limited for approximately SEK 110 million on January 7, 2019. Pantaluren Group AB signed a share purchase agreement to acquire 84% stake in Mediacle Limited on January 30, 2019. As per the letter of intent, as part of the consideration, SEK 85 million is paid through newly issued shares with a fixed price of SEK 8 per share and SEK 20 million paid with reverse with an annual interest rate of STIBOR plus 5%. With the share purchase agreement, the company will receive a new principal shareholder with an ownership of approximately 84% of the votes and capital. An additional purchase price based on the company's EBITA result over a twelve-month period from access can constitute additional purchase consideration of a maximum of approximately SEK 25 million. The maximum additional purchase price is achieved if the company's EBITA result amounts to at least SEK 35 million during this period.