Background to SBB’s decision to communicate its strategic review of the holding in JM.
In order to enable discussions with external potential partners regarding SBB’s holdings in JM, the company, together with its legal advisers, has with regard to current MAR rules regarding listed companies’ communication, deemed it appropriate to publish the assessments the company has made on the basis of documentation prepared together with an international reputable valuation company and real estate consultant. The estimated value of JM’s assets tentatively amounts to approximately SEK 36 billion.
SBB also wants to clarify that the holding in JM is of strategic importance and should be seen as long-term, in line with what the company has previously communicated.
This disclosure contains information that Samhällsbyggnadsbolaget i Norden AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-06-2022 08:53 CET.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [email protected]