CASH COMPONENT. In addition to the issuance of the New Shares and Convertible Bonds, CECONOMY is required to make a cash payment totaling EUR 130,000,000.00, payable in two tranches, as consideration for contribution of the C/M Shareholding to Convergenta (Cash Component). The Capital Increase through Contribution in Kind and the issu- ance of the Convertible Bonds will be made by way of a mixed Contribution in Kind in view of this additional payment obligation of CECONOMY extending beyond the granting of the New Shares and Convertible Bonds.
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Sources: Agreement in Principle, Agreement in Principle