NCC to Construct Sports Arena in Oslo

Regulatory News:

The City of Oslo’s Municipal Undertaking for Culture and Sports Facilities will commission NCC (STO:NCCA) (STO:NCCB) to build the Nye Jordal Amfi sports arena in Oslo, Norway. The order is worth SEK 445 million.

Jordal Amfi was originally built for the Olympic Games in 1952 and is one of Norway’s most well-known sport arenas.

"We are very pleased to have been awarded the contract to construct a new sports arena in the City of Oslo, and we are looking forward to starting the project,” says Marianne Brudevold Eek, Head of Department, NCC Civil Engineering, Infrastructure in Norway.

The construction site will be CO2 neutral during the execution of the project, which is in line with NCC’s strategy of offering superior sustainable solutions.

"At NCC, we have made substantial progress in the ‘green shift’ and can offer private and public developers a number of sustainable solutions and certifications,” says Marianne Brudevold Eek.

NCC has extensive experience of building sports and cultural arenas in the Oslo area, having constructed Bislett Stadion, Oslo Spektrum and Telenor Arena, among others.

Nye Jordal Amfi will be an ice hockey arena for elite and recreational sports in Oslo, and will be designed as a modern arena for sports and public events, and also feature restaurants, cafes and conference facilities.

The order is registered in the NCC Infrastructure business area in the fourth quarter of 2016.

This information is information that NCC AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 1p.m. CET on October 26, 2016.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales, excluding Bonava, of SEK 53 billion and 16,000 employees in 2015. The NCC share is listed on NASDAQ Stockholm.

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