March 17 (Reuters) - Kyoto Group AS KYOTO.OL :
* HAS BEEN INFORMED BY NORSK HYDRO THAT THERMAL ENERGY
STORAGE IS
OUTSIDE OF ITS CURRENT STRATEGIC GROWTH AREAS
* HAS BEEN INFORMED NORSK HYDRO HOLDING IN CO WILL THEREFORE
BE
CONSIDERED A FINANCIAL INVESTMENT RATHER THAN A STRATEGIC ONE
* CONSEQUENTLY, BOARD MEMBER IVAR VALSTAD WILL TODAY
WITHDRAW FROM
BOARD OF DIRECTORS OF KYOTO GROUP
Source text for Eikon: ID:nWkr2cfjtd
Further company coverage: KYOTO.OL
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))