Growens announces sale of Email Service Provider business to TeamSystem Group for a total consideration of 70 million Euro

Focus on acceleration of future growth and development of BEE

Highlights:

• Deal perimeter: MailUp, Contactlab, Acumbamail, MailUp Nordics and Globase
• Call of the general shareholders’ meeting, ordinary and extraordinary session, to approve the transaction and subsequent amendments to the By-Laws, on 9 March 2023
• Right of withdrawal at 4.39 Euro per share
• Closing: tentatively within June 2023