Facebank AG entered into a share purchase agreement to acquire 54.05% stake in Nexway AG and 70% stake in Highlight Finance Corp. from The Native SA (SWX:NTIV) for €3.5 million on August 16, 2019. Total purchase price includes €2 million in cash and €1.5 million in the bonds of StockAccess Holdings SAS. Post-acquisition, Oakley Capital increase of the ownership interest in Nexway AG to 61%, and acquisition of 70% ownership interest in Highlight Finance Corp. Once and if completed the acquisition it will reduce consolidated debt of The Native SA by at least €23 million, (ii) de-consolidate all of the revenues and operating losses of Nexway AG, the largest consolidated subsidiary of The Native SA today. The transaction remains subject to multiple conditions precedent and is expected to close before or on September 30, 2019. Facebank AG completed the acquisition of 54.05% stake in Nexway AG on September 19, 2019. Post acquisition Facebank AG will have 81.2 % stake in Nexway AG.