Bilot Oyj agreed to acquire Motley Agency Oy from Motley Mothership Oy for €5.1 million on September 29, 2021. Bilot will pay €5.1 million for Motley's share capital. Approximately 90 percent of the purchase price, or €4.6 million, will be paid at the end of Bilot's Annual General Meeting through a share issue to the main shareholder. The remaining part of the purchase price, i.e. €0.5 million, will be paid in cash. Motley's net sales were approximately €4.1 million and operating profit was approximately €0.2 million in the financial year 2020. The transaction is subject to the decision of Bilot's Extraordinary General Meeting and certain other customary terms and conditions. Bilot will hold an Extraordinary General Meeting on October 25, 2021.