Regulatory News:
Peab (STO:PEABB) has previously commissioned by LKAB to be responsible
for loading, transporting and receiving of ore and waste rock, and
processing of raw goods and additives at Gruvberget in Svappavaara. Now
LKAB has chosen to extend the contracts with Peab for another year until
September 2014. The value of the extension is approximately SEK 350
million. - We are very pleased that we have continued confidence from
LKAB. This strengthens our operations in Svappavaara and allows us to
invest for the future. We also have additional options with LKAB for an
extension of other assignments, says Lars Olofsson, Peab
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 9.00 am on 10 February
2012.
Peab is the Nordic Community Builder with 15,000 employees and a net
sale amounting to around SEK 40 billion. 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.
This information was brought to you by Cision http://www.cisionwire.com
