Orkla has sold 146 million shares in Mecom Group Plc, equivalent to 19.97 % of outstanding shares, at a share price of 68 pence.

The book profit is approximately NOK 300 million.

Orkla own after this transaction no shares in Mecom. Orkla continue to own a vendor loan note with outstanding balance of approximately GBP 53 mill.

 

 

Ref.:

Rune Helland, SVP Investor Relations, Tel: +4722544411

Ole Kristian Lunde, SVP Corporate communication, Tel: +47 22 54 44 31