Brief: Nurminen Logistics Sells 51% Majority Of Shares In Kiinteistöosakeyhtiö Helsingin Satamakaari 24 To Ilmarinen

Nurminen Logistics Oyj

10/06/2024 13:12

June 10 (Reuters) - Nurminen Logistics Oyj  NLG1V.HE :
    * NURMINEN LOGISTICS SELLS 51% MAJORITY OF SHARES IN
KIINTEISTÖOSAKEYHTIÖ HELSINGIN SATAMAKAARI 24 TO ILMARINEN
    * TRANSACTION PRICE IS 17.3 MILLION EUROS
    * REAL ESTATE COMPANY'S SHARES FREES UP APPROXIMATELY 11
MILLION
EUROS IN CASH RESOURCES FOR COMPANY
    * FUNDS FROM SALE WILL BE USED TO PAY OFF INTEREST-BEARING
FINANCIAL DEBTS AND TO IMPLEMENT FUTURE GROWTH PLANS
    * ACCORDING TO A PRELIMINARY CALCULATION, TRANSACTION WILL
RESULT
IN A CAPITAL GAIN OF APPROXIMATELY 2.1 MILLION EUROS
    * CAPITAL GAIN WILL BE RECORDED AS A NON-RECURRING,
COMPARABILITY-AFFECTING ITEM IN Q3 2024 RESULT

Source text for Eikon:  ID:nWkr66SQwj 
Further company coverage:  NLG1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))