Brief: KMC Properties Acquires Herring Production Facility In Sweden From Klädesholmen Seafood

Bevest ASA

21/01/2022 18:08

Jan 21 (Reuters) - Kmc Properties ASA  KMCP.OL :
    * KMC PROPERTIES ACQUIRES HERRING PRODUCTION FACILITY IN
SWEDEN
FROM
    * ANNOUNCED ACQUISITION OF A HERRING PRODUCTION AND COLD
STORAGE
FACILITY IN RÖNNÄNG FOR APPROXIMATELY SEK 93.6 MILLION
    * PARTIES HAVE AGREED ON A TRIPLE-NET BARE HOUSE AGREEMENT,
WITH
AN INITIAL LEASE TERM OF 15 YEARS
    * NOK 30 MILLION OF CONSIDERATION WILL BE SETTLED BY
ISSUANCE OF
NEW SHARES IN KMC PROPERTIES TO SELLER
    * REMAINDER, APPROXIMATELY NOK 64 MILLION WILL BE SETTLED IN
CASH

Source text for Eikon:  ID:nObiNvz09a 
Further company coverage:  KMCP.OL 

 ((Reuters.Briefs@thomsonreuters.com;))