11.1.2021 23:44:27 CET | Nekkar ASA | Additional regulated information required to be disclosed under the laws of a member state
We refer to stock exchange notice 31.07.19 regarding completion of the asset sale agreement with MacGregor, a subsidiary of Cargotec Oyj. We also refer to stock exchange notice 18.11.19, where we informed that MacGregor was challenging the calculation of the purchase price and claimed a downward purchase price adjustment of approximately MNOK 240 compared to the amount presented by Nekkar at completion. The parties have now reached a global settlement, resulting in a net total payment of MNOK 94 from Nekkar to MacGregor, which comprises of payment of disputed items and previously withheld amount. The payment includes final agreement regarding calculation of the purchase price as well as full and final settlement and release from warranties and obligations under the asset sale agreement.
Disclaimer
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Contacts
Preben Liltved, CEO, +47 480 62 691, IR@Nekkar.com
