Sparekassen Faaborg A/S
Cooperation agreement with EDC-gruppen a/s and sale of Bolig Fyn A/S
Sparekassen Faaborg A/S 24.05.2012 09:30 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Faaborg, Denmark, 2012-05-24 09:30 CEST (GLOBE NEWSWIRE) -- Sparekassen Faaborg A/S and the real estate chain EDC-gruppen a/s have entered into a cooperation agreement which applies to the whole of Funen. The agreement includes mutual reference of customers and mediating of mortgage credit loans. The agreement is valid as from 24 May 2012 and is expected to provide both parties with a number of new customers. In connection with the cooperation agreement an agreement concerning the sale of Sparekassen Faaborg A/S' 100 percent owned subsidiary Bolig Fyn A/S to EDC with effect from 24 may 2012 has been made. Sparekassen Faaborg expects that the agreements will have a positive effect, but moderate, on the group results for 2012. CEO Claus Sejling, phone +45 6361 1814 News Source: NASDAQ OMX 24.05.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Sparekassen Faaborg A/S Denmark Phone: Fax: E-mail: Internet: ISIN: DK0010150523 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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