Ad-hoc | 20 June 2013 13:20
Villeroy & Boch AG / Key word(s): Real Estate
20.06.2013 13:20
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.
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Ad hoc disclosure in accordance with section 15 WpHG
Villeroy & Boch sells property in Gustavsberg, Sweden
Villeroy & Boch Gustavsberg AB, a wholly owned subsidiary of Villeroy &
Boch AG, today signed the agreement to sell the property in Gustavsberg,
Sweden.
The property is being sold in several tranches. In line with this, the
extraordinary income from the disposals is expected in the 2013 and 2014
financial years. The total extraordinary income could reach up to 17
million EUR.
The investor Ikano Bostad, a Swedish company and part of Ikano Group, is
planning to build apartments on the property. The transaction is subject to
legal approval of the development plan for the construction of residential
property.
20.06.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Villeroy & Boch AG
Saaruferstraße 1-3
66693 Mettlach
Germany
Phone: +49 (0)6864 81-0
Fax:
E-mail: information@villeroy-boch.com
Internet: www.villeroy-boch.de
ISIN: DE0007657231
WKN: 765723
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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