Peab's Outstanding Accounts Receivables at Northland Resources

FÖRSLÖV, Sweden--()--Regulatory News:

Taking into account the information currently published by Northland regarding reconstruction, we want to inform that Peab’s (STO:PEABB) outstanding accounts receivables at companies in the Northland Group amounts to approximately SEK 160 million, of which about SEK 70 million at Northland Resources AB, which is now applied for reconstruction. During the reconstruction period Peab will receive payment for work performed.

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

The information was submitted for publication at 9.45 a m on 8 February 2013.

Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.

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Contacts

Peab
Jesper Göransson, C F O
+46 733 371013
or
Gösta Sjöström, C I O
+46 733 371010

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Contacts

Peab
Jesper Göransson, C F O
+46 733 371013
or
Gösta Sjöström, C I O
+46 733 371010