Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Press release

Vestum has completed the strategic divestment announced on 3 April 2023

Vestum

On 3 April 2023 it was announced that Vestum AB (publ) (”Vestum”) – through Lakers Group AB (publ) – had entered into an agreement to divest a portfolio of companies that were previously part of the Lakers Group, that closing of the transaction was expected to take place in the second quarter of 2023 and that closing was subject to governmental clearances. On 26 June 2023 it was announced that Vestum had received necessary governmental clearances and that closing was expected to take place on 6 July 2023.

Vestum has today completed the strategic divestment. The secured bond of NOK 950 million issued by Vestum´s group company Lakers Group AB (publ) will therefore, as previously announced, be settled with funds from the purchase price and bank debt. Due to the strategic divestment, Vestum has amended its existing credit facility with Danske Bank A/S, Sverige Filial, Skandinaviska Enskilda Banken AB (publ) and Swedbank AB (publ), including an increase of the facility from SEK 900 million to SEK 1,200 million.

In consideration of the completed divestment, Vestum has decided to change the date for the interim report for the second quarter of 2023. The interim report for the second quarter of 2023 will therefore be published on 29 August 2023 instead of 18 August 2023.

For additional information, please contact:


Olle Nykvist, Head of Legal of Vestum AB (publ)
Phone: +46 72 177 61 54
Email: olle.nykvist@vestum.se

About Vestum


Vestum is an industrial group that provides niche services and products to civic infrastructure. Our portfolio of leading specialists has extensive industry experience, broad competence and strong local presence. Vestum has approximately 2,000 employees in Sweden, Norway, Denmark and the UK.

For additional information, please visit: www.vestum.se

Vestum's share is traded under the short name VESTUM on Nasdaq Stockholm.

Attachments


Vestum has completed the strategic divestment announced on 3 April 2023

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.