Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has been informed that the company’s CEO has been released from custody. Ilija Batljan was detained on Tuesday 5 May.

Ilija Batljan resumes his position as CEO for SBB immediately.

“The Board has full confidence in Ilija. I have closely worked with Ilija since the start of SBB and have seen his unparalleled capacity to build and manage this company. SBB stands strong”, said Lennart Schuss, Chairman of SBB.

For further information, please contact:
Adrian Westman, Head of Investor Relations
[email protected]

This information is information that Samhällsbyggnadsbolaget i Norden AB (publ) 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 on May 6, 2020, at 16:40 CET.

About Samhällsbyggnadsbolaget i Norden AB (publ)

The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. At the beginning of 2018, SBB was named the winner of the Real Estate Company of the Year Award for 2017. The company’s series B shares (short name SBB B) and D shares (short name SBB D) are listed on Nasdaq Stockholm, Large Cap. The company’s preference shares (SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: [email protected] / +46 84638300). More information about the company is available at www.sbbnorden.se.