The Board of Directors (the “Board”) of Nordic Group Limited (the “Company”) is pleased to announce that the Company has, on 8 December 2016, entered into an agreement with a multinational company to purchase and sell-back pilot allowances issued under the Guangdong and Shanghai Compliance Schemes (“Carbon Allowances”) and/or upcoming National Emissions Trading Scheme. On 4 January 2017, the Company has purchased Carbon Allowances amounting to USD 3 million. The sale of the Carbon Allowances is when the closing prices for Guangdong and Shanghai Exchanges exceed the pre-determined prices set by the Company. The settlement date of the agreement is 30 June 2018.
means what?