BMA - Byggma ASA has received and accepted an offer for two if it's properties
Reference is made to the stock exchange announcement sent 28 May 2021 regarding
the establishment of a Real Estate division in Byggma. In this division there
are five properties. Byggma has received and accepted an offer to sell two of
these properties ("the Properties") from a well-known Real Estate agent. The
properties received an offer for are Birkeland Eiendom AS and Masonite Fastighet
AB. Birkeland Eiendom AS has a long-term lease agreement with Uldal AS and
Masonite Fastighet AB has a long-term lease agreement with Masonite Beams AB.
The amount offered for the abovementioned Properties are about NOK 250 million
in gross property value.
Book value of the Properties are about NOK 40 million.
A potential sale of the Properties will entail a financial lease for the Group
and the accounting of the transaction would follow the rules for sale leaseback.
The offer for the properties is subject to financial, technical, and legal due
Vennesla, 20 June 2022
For more information, please contact CEO Geir Drangsland on phone +47 928 85 862
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
This message is published on behalf of Byggma ASA by Deputy CFO Conrad Lehne
Drangsland, 20 June 2022.