Nov 10 (Reuters) - Story-i Ltd (SRY) Consideration payable for...

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    Nov 10 (Reuters) - Story-i Ltd (SRY)

    • Consideration payable for both acquisitions is equivalent at today's exchange rate of a$3.9 million
    • Entered into non-binding agreements to acquire two indonesian apple reseller businesses, Estore and Emax
    • Acquisitions are expected to generate a combined annualised revenue of equivalent of a$47 million
    • Intended that consideration be funded by issue by story-i of fixed term convertible notes
    • Acquisition of additional businesses
 
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