Increase in the number of shares in Byggmax Group AB
Following the subscription for shares by holders of warrants under the framework of the 2013/2017 incentive program, which was previously announced June 2, 2017, the number of shares and votes in the Byggmax Group AB (publ) (the ”Company”) has increased.
The number of shares and votes in the Company increased by 170,000 and the share capital increased by SEK 56,666.67.
Following the increase, the number of shares and votes in the Company amounted to 60,907,045 and the Company’s share capital totaled SEK 20,302, 348.
This information is information that the Company is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 9:00 am on June 30, 2017.
For further information, please contact:
Pernilla Walfridsson, CFO
Mobile: +46 76119 00 40
About Byggmax Group
Byggmax Group consists of Byggmax, Skånska Byggvaror, and Buildor. For 2016, the Group’s net sales was SEK 5.2 billion. Byggmax Group is listed on Nasdaq since 2010.
Byggmax was founded in 1993 and currently operates 84 stores in Sweden, 34 in Norway and 13 in Finland and e-commerce in all three countries. Byggmax online offer consists of both the complete store assortment as well as an extensive range of online-exclusive products. Since the very beginning, Byggmax business concept has been discount DIY retailing, being the best price DIY retailer for consumers in need of high-quality construction materials. Byggmax stores are located close to the customers homes and are equipped with a drive-in system enabling easy shopping, including the loading of products directly onto the customers vehicles. During the past two years, Byggmax Group has acquired Skånska Byggvaror Group and Buildor AB. Skånska Byggvaror is a distance and e-commerce retailer of building projects and materials, with strong offers in e.g., conservatories and green houses. Skånska Byggvaror operates in Sweden, Norway, and Denmark, online and with 13 showroom stores. Buildor is a fast growing e-commerce retailer of home improvement products.