Brief: Jæren Sparebank Negotiates On Sale Of Shares In Jernbanegata 6

Jaeren Sparebank

03/06/2022 07:01

June 3 (Reuters) - Jæren Sparebank  JAREN.OL :
    * SAID ON THURSDAY, NEGOTIATIONS ON SALE OF SHARES IN
JERNBANEGATA
6 AS
    * JÆREN SPAREBANK OWNS 50% OF SHARES IN BANKPLASSEN BRYNE AS
    * NEGOTIATIONS ON SALE OF 100% SHARES IN JERNBANEGATA 6 AS
HAVE
BEEN INITIATED BETWEEN BANKPLASSEN BRYNE AS SELLER AND COMPANY
FACILITATED BY VIKA PROJECT FINANCE AS BUYER
    * ASSUMING IMPLEMENTATION OF AGREEMENT, JÆREN SPAREBANK WILL
BOOK
NON-RECURRING GAIN ON ORDINARY PROFIT OF ABOUT NOK 12 MLN
    * IN CONNECTION WITH POSSIBLE TRANSACTION, JÆREN SPAREBANK'S
LONG-TERM LEASE AGREEMENT IS CONTINUED ON SAME TERMS WITH BUYER.
JÆREN SPAREBANK IS ONLY TENANT IN BUILDING


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nObi4J44sa
 Further company coverage:  JAREN.OL  

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