The transaction amount exceeded 200 million, and Roman shares’ foreign asset acquisition completed the filing

On September 4, Roman Holdings issued an announcement revealing the latest progress in acquiring PREDAPTIVE equity.

The announcement stated that this transaction has completed the Shanghai Municipal Commission of Commerce's overseas investment registration, the British government's unconditional release notice for the investment security review (NSI) application process for the target company's share transfer, and the parties to the transaction have signed the "Share Purchase Agreement". On September 2, 2024, the "Overseas Investment Project Registration Notice" (Shanghai Development and Reform Commission [2024] No. 346) was issued by the Shanghai Development and Reform Commission, and the National Development and Reform Commission's overseas investment project registration was completed.

Roman Holdings disclosed in the announcement that the company is actively implementing the foreign exchange registration procedures for overseas direct investment with the designated foreign exchange bank in Shanghai, and has been working closely with the seller and target company to simultaneously prepare and carry out the delivery work involved in this asset acquisition, and the relevant work is progressing in an orderly manner.

It is reported that in May this year, Roman Shares issued an announcement that it planned to use its own or self-raised funds to purchase no less than 40% of the equity of PREDAPTIVE in the UK from Equal Creation Limited, and to purchase approximately 15% of the equity of PREDAPTIVE each held by Stuart Hetherington, Andrew Brown and Joe Jurado, for a total acquisition of no less than 85% of the equity of PREDAPTIVE.

Lohmann shares plan to acquire its wholly-owned subsidiary Lohmann Hong Kong. The transaction pricing is based on the evaluation report issued by the evaluation agency. The total transaction amount (including delivery payment and contingent payment) shall not exceed 22.825 million pounds. (equivalent to approximately RMB 207 million).

It is reported that PREDAPTIVE headquarters has no actual business projects, and specific businesses are carried out by Holovis, a wholly-owned subsidiary. After the transaction is completed, Lohmann will hold no less than 85% of the equity of PREDAPTIVE and become a holding subsidiary of Lohmann, while Holovis will become a secondary subsidiary of Lohmann.

According to data, Lohmann is a domestic overall solution provider for urban landscape lighting. Currently, its urban lighting sector, digital intelligence source sector, and digital entertainment sector are implementing a development path of specialization, scale, and complementary linkage.

The business scope and main services of Holovis include the design and implementation of immersive experience systems, technology development of virtual reality and augmented reality systems, digital cultural creative software development, digital cultural creative content application services, artificial intelligence application software development, projection interaction, multi-reality experience project planning consulting and management operations, etc.