Company announcement - information about sales- and leaseback agreement on the property located Rovsingsgade Copenhagen

Company announcement no. 20/2016

To: NASDAQ Stockholm

Copenhagen, 18 September 2016

Company announcement - the buyer has informed that they will not continue with the sales- and leaseback agreement on the property located Rovsingsgade according to terms and conditions.

Lauritz.com has been informed that the buyer, after thorough considerations, will not continue with the sales- and leaseback agreement according to the conditional terms in the agreement.

Lauritz.com will continue with the project which includes finding a new buyer of the property. The property will after refurbishment be used as a Lauritz.com auctionhouse number two in Copenhagen as well as headquarter for the company.

This information will not have an impact on the result in 2016, however the liquidity of 51 milllion DKK from the sale which were expected to come by the end of 2017, may not be materialized.

Best regards
Lauritz.com A/S
Mette Rode Sundstrøm
CEO

For press request, please contact:
Christina Riis Hansen
christinar@lauritz.com
+45-26891905

For further information, please contact:
Claus Boysen
CFO
Claus@lauritz.com

Company announcement 20/2016


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lauritz.com A/S via Globenewswire

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