Company announcement no. 20/2016
To: NASDAQ Stockholm
Copenhagen, 18 September 2016
Company announcement - the buyer has informed that they will not continue with the sales- and leaseback agreement on the property located Rovsingsgade according to terms and conditions.
Lauritz.com has been informed that the buyer, after thorough considerations, will not continue with the sales- and leaseback agreement according to the conditional terms in the agreement.
Lauritz.com will continue with the project which includes finding a new buyer of the property. The property will after refurbishment be used as a Lauritz.com auctionhouse number two in Copenhagen as well as headquarter for the company.
This information will not have an impact on the result in 2016, however the liquidity of 51 milllion DKK from the sale which were expected to come by the end of 2017, may not be materialized.
Best regards
Lauritz.com A/S
Mette Rode Sundstrøm
CEO
For press request, please contact:
Christina Riis Hansen
christinar@lauritz.com
+45-26891905
For further information, please contact:
Claus Boysen
CFO
Claus@lauritz.com
