Akelius sells Akelius Technology AB

Akelius Residential Property AB strengthens its focus on residential real estate.
Akelius sells Akelius Technology AB which includes the Technology Department to Akelius Apartments Ltd on 2022-07-29.

The sales price for shares and shareholder loans is EUR 7.5 million.
The valuation was made using the discounted cashflow model.

Akelius Residential Property AB continues using the services of Akelius Technology AB.

Ralf Spann, CEO

- Akelius remains committed to its goal of using tailor made applications.

One of the major applications in use is the Tenant Administration Application.
This application plays a major role in Akelius’ mission to provide a better living for tenants.

Stockholm, 2022-07-29

Ralf Spann
CEO
+49 173 643 65 90
ralf.spann@akelius.de

This information is information that Akelius Residential Property 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, at 9:05 am CET on July 29, 2022.

Akelius Residential Property AB’s D-shares are listed on Nasdaq First North Growth Market Stockholm.
Avanza Bank is the Certified Adviser of the company, ca@avanza.se, +46-8-409 421 20.