learnd SE (XTRA:LRND) has entered into a share purchase agreement to acquire Ashdown HVAC Controls Limited / ACS Maintenance Limited / Ashdown Control Switchgear Limited from its current shareholders on February 23, 2024. Under the terms of agreement, the consideration consists of a mid-single digit million-euro amount plus an aggregate of 230,303 newly issued shares in learnd SE stemming from a capital increase against contribution in kind with exclusion of the preferential rights of existing shareholders to be transferred and delivered to the sellers of the Target by learnd SE increasing the outstanding share capital of learnd SE to EUR 1,008,763.55 divided into 26,269,884 shares without nominal value. The completion of the Transaction is expected to occur on the date hereof subject to customary closing conditions.