AB GEVEKO today signed a Shares Sale-Purchase Agreement transferring its 90 % share in the company Plastidrum SRL to a Romanian citicen Mr. Adrian Mugurel Teodorescu. The price of the shares are set to EUR 1, but the agreement includes a guarantee of payment of receivables from Plastidrum SRL amounting to EUR 2,5 million during two years. The payment of receivables is secured through pledges on the fixed assets of Plastidrum SRL. “The sale of Plastidrum SRL is the final part of Geveko’s concentration to its core business and gives us the possibility to put all focus on it as well as the implementation of our profitability improvement programme” said CEO Göran Eklund. Göteborg, Sweden November 29, 2013 AB GEVEKO (plc) For further information please contact Göran Eklund, CEO and Managing Director Phone +46 31-17 29 45, +46 727-32 50 54 This information is such that Geveko must disclose in accordance with the Securities Markets Act. The information was submitted for publication on 29 November 2013 at 2 p.m.
Sale of subsidiary company Plastidrum SRL in Romania
| Source: Geveko, AB
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