Royal Unibrew has received notification of exercise of the purchase option on 8,775 sq m of building rights at the brewery site in Aarhus
Company announcement no 58/2013 — 16 December 2013
A. Enggaard A/S, Entreprenør- og Byggefirma has notified Royal Unibrew A/S of exercise of its purchase option on 8,775 square metres of building rights relating to the brewery site in Aarhus.
Royal Unibrew A/S has today been notified by A. Enggaard A/S, Entreprenør- og Byggefirma of exercise of the purchase option on 8,775 square metres of building rights. This means that A. Enggaard, Entreprenør- og Bygge-firma has exercised the option to purchase a total of 63,875 square metres of the total 140,000 square metres of building rights at the brewery site in Aarhus. The exercise is made as part of the option agreement entered into in March 2011 (see Company Announcement No 1/2011 of 4 March 2011).
The purchase of the 8,775 square metres of building rights is expected realised in Q1 2014. The purchase will have a net cash flow effect after tax of approximately DKK 28 million to Royal Unibrew A/S. The selling price agreed upon corresponds to the carrying amount of the building rights, and therefore the sale will not affect the Company's profit or equity.
Yours sincerely
Royal Unibrew A/S
Henrik Brandt
CEO
Please direct any questions to me at tel +45 56 77 15 13.