Yoda PLC agreed to acquire Papabull Investments Limited from IQ EQ Trustee Services (Cyprus) Limited for €136.5 million on December 28, 2022. The consideration will be paid in the form of 273,023,266 Yoda shares. Pursuant to transaction, Papabull Investments will merger with Yoda.

All employees of Papabull Investments will join Yoda. The transaction is subject to approval of shareholders of Papabull Investments, Court, Boards of Directors of the Papabull Investments and Yoda and to take all the necessary actions and apply all the procedures for the approval and performance of the Plan.