Green Landscaping Group completes the acquisition of Markbygg Anlggning Vst

January 17, 2022, 12:00 CET

Green Landscaping Holding AB (publ) today has access to all outstanding shares of Markbygg Anläggning Väst AB.

As previously announced, Green landscaping group signed an agreement to acquire Markbygg Anläggning Väst AB. At December 21, 2021, the approval of the Swedish Competition Authority has been obtained and access has taken place to date.

Green landscaping group acquires 100% of the shares of Markbygg Anläggning Väst AB with access today. The acquisition is financed under existing credit facilities and by a non-monetary issue of treasury shares. The Board has therefore, within the framework of the authorization of the General Meeting of May 14, 2021, decided to issue 438,049 shares in Green landscaping group, targeting the seller of Markbygg Anläggning Väst AB. This corresponds to a dilution of 0.8% of the share capital and votes in Green landscaping group. The total number of shares in Green landscaping group after issuance are 53,096,086 shares.

The former owner of Markbygg Anläggning Väst AB is now a shareholder of Green landscaping group.

The information has been, through the contact person below, submitted for publication on January 17, 2022 at 12:00 CET.

For more information:

Johan Nordström, CEO, AB Green Landscaping Group
+46 70 838 58 12, [email protected]

Carl-Fredrik Meijer, CFO & IR, AB Green Landscaping Group
+46 70 108 70 19, [email protected]

Green Landscaping Group AB (pub) is the Nordic leader in the maintenance of floors and the development of outdoor environments in Sweden. Our business concept is to improve the customer’s external environment by providing services focused on high customer value, long-term sustainability and quality. The Company has approximately 1,350 employees and its sales amount to approximately 2 billion Swedish crowns. The Company’s shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information, visit www.glgroup.se.

Markbygg Anläggning Väst AB was founded in 2000 and has approximately 60 employees. The company is active in excavation works with a specialization in water and sewage, and customers are mainly in the public sector, such as municipalities, state and municipal companies. For more information visit www.markbygg.se.

https://news.cision.com/green-landscaping/r/green-landscaping-group-completes-the-acquisition-of-markbygg-anlaggning-vast,c3486326

https://mb.cision.com/Main/16824/3486326/1520489.pdf

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Terri S. Tomasini