Samhällsbyggnadsbolaget in Norden AB strengthens its group management and appoints Lars Thagesson as Deputy CEO and Chief Operating Officer

Samhällsbyggnadsbolaget in Norden AB (publ) ("SBB") strengthens its group management and appoints Lars Thagesson as Deputy CEO and Chief Operating Officer ("COO") from February 19, 2018.

"SBB is ready for the next step in the company's development and I am very pleased to welcome Lars Thagesson, an executive with long experience and broad property management and M&A skills. With Lars Thagesson and Krister Karlsson, by my side as Deputy CEOs, we have a very competent management team that gives us the best conditions for continuing to build the strongest player in the Nordic region focusing on community properties. " comments Ilija Batljan, CEO and founder of the Samhällsbyggnadsbolaget in Norden AB.

"Becoming a part of SBB and its uniquely competent management feels extremely exciting and I look forward to contribute and develop the company into the leading player within the community service properties space in the Nordic region." says Lars Thagesson.

Mr. Lars Thagesson is one of the co-founders of Hemfosa Fastigheter AB (publ) and has served as its Chief Operating Officer. Mr Thagesson has a long history of senior positions in the property sector. He has been active within Kungsleden since 1993, starting as the CEO of Kungsleden Property Management and has held many different positions within the listed company, retiring as Deputy CEO and Head of Strategy & Business Development in 2008.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, ilija@sbbnorden.se

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 February 14, 2018, at 08.00 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. The company’s series B shares (short name SBB B) and preference shares (SBB PREF) are listed on Nasdaq First North. Certified Adviser is Remium Nordic Holding AB (www.remium.com). More information about the company is available at www.sbbnorden.se.

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