Bure to sell all shares in Scandinavian retail center According to the Act on Certain Directed Placements in Stock Market Companies etc. (Leolagen), Bure's Board of Directors proposes that the 2011 Annual General Meeting approve the sale of all shares in the subsidiary Scandinavian Retail Center (SRC) to a company owned by the management of SRC for SEK 5 million. The Board proposes that the AGM sell the shareholding of 95.5 per cent in the subsidiary AB Scandinavian Retail Center to Dolck & Partners AB, which is owned by the management of SRC. The total purchase price will be paid in cash and amounts to SEK 5 million. The purchase price corresponds to the book value in the Parent Company, for which reason no capital gain or loss will arise. This is a natural step in SRC's development and a further step in Bure's explicit strategy to concentrate its portfolio. Bure Equity AB (publ) Contacts at Bure: Henrik Blomquist, Vice President Andreas Berglin, CFO Tel. +46 8 - 614 00 20 Tel. +46 8 - 614 00 20 The information contained herein is subject to the disclosure requirements of Bure Equity AB under the Swedish Securities Market Act. The information has been publicly communicated on 29 March 2011, 8:30 a.m. CET.
Bure to sell all shares in Scandinavian retail center
| Source: Bure Equity AB
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