Peab proposes extra distribution of real estate company
In addition to the ordinary dividend Peab’s Board has decided to propose an extra distribution of all the shares in a newly formed company holding Peab’s wholly owned, fully developed commercial properties to the Annual General Meeting. When the real estate company is distributed the difference between market values and book values as well as eliminated construction contract profit will be taken up as income in Peab. This amounts preliminarily to around SEK 1,200 million, which primarily corresponds to the reduction in equity caused by the extra distributionPeab consists of four