Peab divests its holdings in Lemminkäinen
On Monday Peab divested all its 2,458,447 shares in Lemminkäinen. The divestment generated a positive cash effect of around SEK 575 million.
The transaction will be reported in the fourth quarter and affect net financial items positively by some SEK 90 million.
Peab AB discloses the information provided herein pursuant to the EU Market Abuse Regulation. The information was submitted, through the above contact persons, for publication on October 9, 2017 at 3:00 p.m. CET.
For further information, please contact:
Niclas Winkvist, CFO Peab, cell +46 431-89109
Kajsa Jacobsson, Press Officer Peab, cell +46 725-33 34 84
Peab is one of the leading Nordic construction and civil engineering companies with about 15,000 employees and net sales of SEK 49 billion. The Group has strategically located offices in Sweden, Norway and Finland. The Peab’s registered office is located in Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on Nasdaq Stockholm.