Crown Energy: update on the sale of C-View property in Luanda
Crown Energy AB (publ) ("Crown Energy", "The Company") has received over one third of the contractual sale price for the C-View Smart Business Park (“C-View”) property in Luanda, Angola. As per the agreement the Angolan State via the Ministry of Finance (the ”Buyer”) is entitled to the economic control for the asset from this point.On 30 April 2019 Crown Energy concluded an agreement for the sale of the C-View property in Angola. The Buyer is the Angolan State via the Ministry of Finance (“MINFIN”). The transaction is made in Angolan kwanza and was agreed to be paid over three years, with