Brief: Crown Energy Updates On Sale Of C-View Property In Luanda

Crown Energy AB

13/04/2021 11:41

April 13 (Reuters) - Crown Energy AB  CRWEN.NGM :
    * CROWN ENERGY: UPDATE ON THE SALE OF C-VIEW PROPERTY IN
LUANDA
    * ANGOLAN STATE VIA MINISTRY OF FINANCE ("BUYER") IS
ENTITLED TO
ECONOMIC CONTROL FOR ASSET FROM THIS POINT
    * HAS RECEIVED OVER ONE THIRD OF CONTRACTUAL SALE PRICE FOR
C-VIEW
SMART BUSINESS PARK ("C-VIEW") PROPERTY IN LUANDA, ANGOLA
    * AS PER AGREEMENT ANGOLAN STATE VIA MINISTRY OF FINANCE
("BUYER")
IS ENTITLED TO ECONOMIC CONTROL FOR ASSET FROM THIS POINT
    * AS OF TIME OF THIS PUBLICATION CROWN ENERGY HAS RECEIVED
APPROXIMATELY 38 PER CENT OF TOTAL PURCHASE PRICE

Source text for Eikon:  ID:nWkr1L2Xxt 
Further company coverage:  CRWEN.NGM 

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