Pandox has today completed previously announced divestment of InterContinental Montreal

The sale includes both the hotel property and hotel operations with a total transaction value of approximately MCAD 80.

For more information about the divestment, please see the press release from 23 September 2022 when the acquisition was announced.

FOR MORE INFORMATION, PLEASE CONTACT:

Liia Nõu, CEO, +46 (0) 702 37 44 04
Anneli Lindblom, CFO, +46 (0) 765 93 84 00
Anders Berg, Head of Communications and IR, +46 (0) 760 95 19 40

The information was submitted for publication, through the agency of the contact persons set out above, at 17.10 CET on 1 February 2023.