Brief: Hofseth Biocare to sell and lease contracts of properties

Hofseth Biocare ASA

03/03/2017 10:50

March 3 (Reuters) - Hofseth Biocare ASA  HOFBC.OL : 
    * To sell and lease company's property at Midsund 
    * HBC Berkåk as entered into an agreement for sale and lease 
of property at Berkåk 
    * Says plants are sold for a joint consideration of 80 
million Norwegian crowns ($9.5 million), of which 51.5 million 
crowns is payable for Midsund plant and 28.5 million crowns is 
payable for Berkåk plant 
    * Agreements are entered into with Syvde Eiendom, a wholly 
owned subsidiary of major shareholder alliance Seafoods Inc 
    * Says shall enter into a 15-year lease agreement regarding 
midsund property with an annual lease sum of 4,635,000 crowns 
    * Says HBC Berkåk shall enter into a lease agreement for 
Berkåk property with same term and with an annual lease sum of 
2,565,00 crowns 
 
 
Source text for Eikon:  ID:nGNE7HC1dz  
     
Further company coverage:  HOFBC.OL  
 
($1 = 8.4695 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))