Brief: Aino Health Sells Ownership In Finnish Occupational Health Provider Maresan

Aino Health AB (publ)

10/12/2019 15:32

Dec 10 (Reuters) - Aino Health AB (publ)  AINO.ST :
    * AINO HEALTH AB (PUBL):  AINO HEALTH SELLS OWNERSHIP IN THE
FINNISH OCCUPATIONAL HEALTH PROVIDER MARESAN
    * AINO'S OWNERSHIP IN MARESAN CONSTITUTES AROUND 16%, WHICH
CORRESPONDS TO A CASH PURCHASE PRICE OF APPROXIMATELY 2 MILLION
SEK.
    * AS AINO EARLIER HAS DEPRECIATED VALUE OF SHARES IN GROUP
CONSOLIDATION, SALE IS EXPECTED TO HAVE A POSITIVE IMPACT ON
CASH FLOW, AS WELL AS, NET RESULT DURING Q1 2020.
    * ABOUT 90% OF SUM WILL BE RECOGNIZED AS INCOME DURING Q1
AND
REMAINING PART DURING REST OF YEAR.

Source text for Eikon:  ID:nGNEbGp77m 
Further company coverage:  AINO.ST 

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