Selandia Park A/S
May 12 2022 - 2:56AM
Selandia Park A/S
To Nasdaq OMX Copenhagen A/S
Public announcement no. 520 May 12th, 2022
SELANDIA PARK A/S
The Board of Directors communicated in the
annual report 2020/21 the decision to initiate a sales process of
the investment properties in Selandia Park A/S (assets) or the
entity holding the Selandia Park real estate (shares) in order to
strengthen the liquidity and capital structure of Glunz &
Jensen Holding A/S.
In line with our recent announcements to the
market, the year 2021/22 provides strong financial results and the
outlook for 2022/23 is equally strong. This performance is
strengthening the liquidity and capital position of Glunz &
Jensen Holding A/S, thus making the sale of Selandia Park
unattractive.
Consequently, the Board of Directors are pleased
to announce their decision to withdraw from the sales process of
Selandia Park.
This decision has no impact on the already
announced outlook for 2021/22 nor the already announced outlook for
2022/23.
For further information please contact:
CEO Martin Overgaard Hansen: phone +45 22 60 84 05Chairman of
the board Flemming Nyenstad Enevoldsen: phone +45 40 43 13 03
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