H+H International A/S - Closing of H+H’s sale of Jämerä housebuilding activities to Aeroc and related supply agreements with Aeroc

Company Announcement No. 269, 2012

Copenhagen, Denmark, 2012-06-20 11:27 CEST (GLOBE NEWSWIRE) --  

H+H International A/S
Dampfærgevej 3, 3rd Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 35 27 02 00
www.HplusH.com

Closing of H+H’s sale of Jämerä housebuilding activities to Aeroc and related supply agreements with Aeroc

In company announcement no. 263 of 22 May 2012 it was informed that H+H had entered into an agreement to sell assets and activities in the Group’s Finnish subsidiary Jämerä-kivitalot Oy, that designs, constructs and sells aircrete houses for private individuals, to the Aeroc Group.

The agreement was conditional upon fulfilment of certain conditions precedent. Today these conditions have been fulfilled for which reason the agreement is final and the transaction completed.

Anders C Karlsson
Chairman of the Board of Directors

Michael T Andersen
CEO

For additional information please contact:
Michael T Andersen, CEO, or Niels Eldrup Meidahl, CFO, on telephone +45 35 27 02 00.

This is a translation of the company's announcement in Danish. In case of inconsistency between the Danish text and this English translation, the Danish text will take precedence.