If you require further searching capabilities for announcements please email: data@nzx.com

Downer completes sale of Otraco

02/12/2021, 10:59 NZDT, GENERAL

DOWNER COMPLETES SALE OF OTRACO Downer EDI Limited (Downer) announced today it had completed the sale of its Otraco business to Bridgestone Mining Solutions Australia Pty Ltd. As announced on 26 April 2021, the sale price represents an enterprise value of $79 million. Authorised for release by Downer's Chief Executive Officer, Grant Fenn. For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00384026 For:DOW Type:GENERAL Time:2021-12-02 10:59:58