Brief: Danish Business Authority Has Issued A Decision Requiring NNIT To Update Accounting Treatment Of Earn-Out Payments

Nnit A/S

28/01/2023 16:22

Jan 28 (Reuters) - NNIT A/S  NNIT.CO :
    * REG-NNIT A/S: THE DANISH BUSINESS AUTHORITY HAS ISSUED A
DECISION REQUIRING NNIT TO UPDATE ITS ACCOUNTING TREATMENT OF
EARN-OUT PAYMENTS IN THE ANNUAL REPORTS FOR 2020 AND 2021
    * NNIT-TECHNICAL CHANGES TO ACCOUNTING POLICIES WILL HAVE NO
IMPACT ON TOTAL CASH FLOW OR PLANNED DIVESTMENT OF
INFRASTRUCTURE OPERATIONS BUSINESS

Source text for Eikon:  ID:nGNE1HLPJd 
Further company coverage:  NNIT.CO 
 ((Reuters.Briefs@thomsonreuters.com;))