In announcement no. 21 dated 3 November 2009, Solar A/S announced that the
Finnish subsidiary Solar Suomi Oy had entered into negotiations about the
divestment of its business activities to Ahlsell Oy.
All relevant matters have now been clarified, and Ahlsell has acquired all
business activities as of today, including Solar Suomi's inventories, some
non-current assets and customer-related assets, all in all equalling € 2.7m.
The financial consequences remain that provisions resulting from the divestment
of the activities of Solar Suomi Oy will not affect Solar A/S' expectations for
group revenue and EBITA for 2009 but will generate costs of approximately €
1.5m which will be charged to the income statement under special items in Q4
2009, c.f. announcement no. 21 2009.
Yours faithfully,
Solar A/S
Flemming H. Tomdrup
