Brief: Ovoca Bio To Dispose Certain Russian Assets To Desirix LLC For 84.6 Mln Russian Rubles

Talisman Metals

08/03/2023 08:06

March 8 (Reuters) - Ovoca Bio PLC  OVB.L :
    * OVOCA BIO PLC  - DISPOSAL OF RUSSIAN ASSETS
    * OVOCA BIO PLC -  AGREED DISPOSAL OF CERTAIN RUSSIAN ASSETS
TO
DESIRIX LLC FOR A CASH CONSIDERATION OF 84.6 MILLION RUSSIAN
RUBLES
    * OVOCA BIO PLC - OVOCA EXPECTS DISPOSAL TO COMPLETE BY 31
MARCH
2023
    * OVOCA BIO PLC - UPON DISPOSAL ALL OPERATIONAL ACTIVITIES
OF
OVOCA IN RUSSIA WILL CEASE AND RUSSIAN UNIT IVIX LLC WILL BE
INACTIVE

Source text for Eikon:  ID:nRSH1981Sa 
Further company coverage:  OVB.L 

 ((Reuters.Briefs@thomsonreuters.com;))