BLOM ASA SIGNED AGREEMENT TO DIVEST ITS DANISH SUBSIDIARY BLOMINFO A/S

Blom ASA (Blom) has signed an agreement to divest its 
Danish subsidiary BlomInfo A/S to the Danish 
engineering and consulting company NIRAS A/S.
 
Blom will receive a consideration of DKK 19.4 million 
as compensation for the equity in BlomInfo A/S and 
working capital provided by Blom to BlomInfo A/S. 
After the completion date Blom may receive up to an 
additional DKK 4.5 million as further repayment of 
the working capital in BlomInfo A/S.

The transaction is expected to be completed within 
the end of next week.

See attachment on www.newsweb.no

For further information please contact:
Dirk Blaauw, CEO Blom ASA, at tel: +47 22 13 19 23 or 
Lars Bakklund, CFO Blom ASA, at tel: +47 22 13 19 34