Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has been informed that the company’s CEO Ilija Batljan has been dismissed from the investigation regarding insider dealing and that the preliminary investigation has been withdrawn.
During the course of the preliminary investigation, Ilija Batljan has rejected all allegations and has been fully cooperative during the investigation. The company, SBB, has never been an object of the investigation.
“I am relieved but not surprised over the prosecutor’s decision. For me, it is now all about continuing with full force as CEO of SBB – and to continue delivering results together with our strong team. Our focus is, as always, to be a reliable and long-term social participant who in a sustainable way delivers shareholder value, good profitability and strong results”, said Ilija Batljan, CEO and Founder of SBB.
“That the preliminary investigation has been withdrawn is good news. Now we can resume our full focus on the ordinary course of business where SBB as the largest Nordic property company in social infrastructure continues to deliver long-term and sustainable values”, said Lennart Schuss, Chairman of the Board of SBB.
For further information, please contact:
Adrian Westman, Head of Investor Relations
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 20, 2020, at 14:35 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.