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Aker ASA: Aker Property Group to Exchange Class B Shares for Class A Shares in Samhällsbyggnadsbolaget i Norden AB
"This share exchange reflects a step towards taking a more active ownership role in SBB, in line with Aker's strategy and proven method of work. With increased voting rights and eventual board representation, we look forward to working closely with the company's leadership and board to help revitalize the company and strengthen its balance sheet," said Øyvind Eriksen, President and CEO at Aker ASA.
The transaction is expected to be completed around the end of Q2 2025, subject to the receipt of Foreign Direct Investment (FDI) clearances.
BAHR and Mannheimer Swartling are acting as legal advisors for Aker Property Group.
Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region's leading property company in social infrastructure. The Company's strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden , and to actively work with property development. Through SBB's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company's series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm. Further information about SBB is available at www.sbbnorden.se.
Atle Kigen , Head of Media Relations and Public Affairs, Aker ASA
Tel: +47 90 78 48 78
Email: atle.kigen@akerasa.com
Svein Oskar Stoknes , Chief Financial Officer, Aker ASA
Tel: +47 94 80 46 43
Email: svein.stoknes@akerasa.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation article 7 and is subject to the disclosure requirements pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Laila Hop, Paralegal, Aker ASA, on May 27, 2025 , 11:10 CEST .
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