MT Højgaard Holding — M&A Activity 2018

Aug 16, 2018

Resumed negotiations on a merger of Højgaard Holding AS and Monberg & Thorsen AS

Resumed negotiations on a merger of Højgaard Holding AS and Monberg & Thorsen AS

Please find enclosed an announcement from the two parent foundations Knud Højgaards Fond and Einar og Meta Thorsens Fond which have decided to resume negotiations on a merger of the two holding companies 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.

Best regards, Højgaard Holding A/S     Ditlev Fløistrup CEO

Attachment

• 2018-08-16 Resumed negotiations on a merger of Højgaard Holding AS and Monberg & Thorsen AS