ENDÚR ASA Reference is made to the stock exchange announcement of 2 February 2021 where the Company announced the entering into of a share purchase agreement with Jörn Ryberg Holding AB og Cygnus Olor AB to acquire 100 percent of the shares in Marcon-gruppen i Sverige AB ('Marcon'), a leading Swedish company engaged in marine infrastructure and civil engineering activities (the 'Transaction'). In order to facilitate an appropriate completion of the Transaction, the parties have agreed to carry out the completion, including the payment of the purchase price as further described in the stock exchange announcement of 2 February, in two phases and have entered into an addendum in this respect. In the first phase 35 percent of the shares in Marcon shall be transferred against settlement of shares in Endúr, such settlement shall take place prior to the upcoming extraordinary general meeting in Endúr on 10 March 2021. The consideration shares will be issued under the existing authorisations to issue shares granted to the board of directors of Endúr. In the second phase the remaining 65% of the shares in Marcon shall be transferred against settlement of cash payment, such closing to take place within five Business Days following the extraordinary general meeting on 10 March 2021. For further information, please contact: Media - Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744 Investors - Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772
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Endur ASA published this content on 23 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2021 07:49:03 UTC.
