Please find enclosed an announcement from the two parent foundations Knud Højgaards Fond and Ejnar og Meta Thorsens Fond, who have decided to explore the possibilities of a merger between Højgaard Holding A/S and Monberg & Thorsen A/S.
Søren Bjerre-Nielsen, Chairman of the Board of MT Højgaard A/S, expresses great satisfaction with the announcement from the foundations:
- The merger will result in a simple, effective and transparent Group structure, and create clarity concerning the ownership of MT Højgaard. The decision reflects the foundations’ long-term commitment to MT Højgaard, and the expected cash injection will give us a breathing space in which to implement the necessary focus on eliminating loss-making projects and making lasting improvements in MTH GROUP’s operations and earnings.
Questions relating to this announcement should be directed to Anders Heine Jensen, Chairman of Monberg & Thorsen A/S on telephone +45 2048 8563 or Christine Thorsen, Chairman Ejnar og Meta Thorsens Fond on telephone +45 3165 3070.
The quarterly announcement is also available at www.monthor.com
This announcement is available in Danish and English. In case of doubt, the Danish version shall prevail.
MONBERG & THORSEN A/S CVR 12 61 79 17
LEI 529900NA1V21KR5S7498
Ringager 4C, 2nd Floor, Right
DK - 2605 Brøndby
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