Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) through its development and transaction team, in collaboration with an internationally renowned valuation firm and leading Nordic real estate consultants, has carried out a comprehensive analysis of the value of its associated company JM AB (publ) (“JM”). The value assessment shows that the value of JM’s assets preliminary amounts to approximately SEK 36 billion. In light of this assessment, SBB has decided to carry out a strategic review of its holding in JM.

The review will examine various alternatives for the holding, including both reduction and increase, either alone or together with one or more external partners. During the spring, SBB has received a number of inquiries from external parties regarding the JM holding. The review will also take place in close dialogue with the rating agencies in order to weigh in the impact on SBB’s objective of achieving a BBB + rating in the various scenarios. SBB has engaged Nordic and international banks as financial advisers in the strategic review. 

SBB initially acquired 20.08 percent of the shares in JM in June 2021 and currently controls 29.96 percent of capital and votes.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [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 13 June, 2022, at 08:30 CET.