A. Enggaard A/S, Entreprenør- og Byggefirma has notified Royal Unibrew A/S of exercise of its purchase option on the remaining 35,625 square metres of building rights relating to the brewery site in Aarhus.
Royal Unibrew A/S has been notified by A. Enggaard A/S, Entreprenør- og Byggefirma of exercise of the purchase option on 35,625 square metres of building rights. This means that A. Enggaard, Entreprenør- og Bygge-firma has exercised its option to purchase all 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 35,625 square metres of building rights is expected realised partly in Q1 2016 and partly in Q4 2016. The purchase will have a net cash flow effect after tax of approx DKK 155 million to Royal Unibrew A/S. The selling prices agreed upon correspond to the carrying amount of the building rights, and therefore the sale will not affect the Company’s profit or equity.
The total net cash flow after tax from the sale of the brewery site is therefore expected to amount to approx DKK 470 million after the sale in 2016.
Yours sincerely
Royal Unibrew A/S
Henrik Brandt
CEO
Please direct any questions to me at tel +45 56 77 15 13.
