2020.10.15 Press release, Regulatory

KEBNI RECEIVES PAYMENT OF 0.69 MUSD (APPROX. 6 MSEK) FROM ISRAELI CUSTOMER

KebNi has received a payment of 0.69 MUSD (approx. 6 MSEK) from its Israeli customer related to current contracts. The payment is part of a delayed payment of 20 MSEK from its Israeli customer, announced in a press release on September 22nd, 2020.

Stockholm, Sweden, October 15th 2020 – In relation to the Press Release published on the 22nd of September announcing a delay in payment of 20 MSEK from its Israeli customer related to the Covid-19 situation in Israel, KebNi now informs that it has received a partial payment of 0.69 MSUD (approx. 6 MSEK) out of the 20 MSEK.