The Geveko group needs to retain and prolong existing credits to finance its operations in 2013, as well as to obtain additional seasonal credits to finance the build-up of working capital ahead of the 2013 contracting season.
In the Year End Release published February 26, 2013 Geveko informed that regard to the seasonal credit, an initial SKr 25 million credit facility was granted. An increase of SKr 25 million of the seasonal credit has thereafter been granted. The credit guaranteed thus amounts to SKr 50 million.
Göteborg, Sweden March 11, 2013
AB GEVEKO (publ)
CEO and Managing Director
For further information please contact
Göran Eklund, CEO and Managing Director
Phone: +46 31 17 29 45, +46 727 32 50 54
The information provided in this report is such that AB Geveko is required to publish in accordance with the Act concerning the Securities Market and/or the Act concerning Trading in Financial Instruments. This information was released for publication on 11 March 2013 at 11.45 a.m.