Green Landscaping completes its acquisition of Mark & Miljö and decides on directed share issue

Green Landscaping Holding AB (publ) (“Green Landscaping”) has today completed its previously communicated acquisition of Mark & Miljö Projekt i Sverige AB (“Mark & Miljö”), and the Board has in connection with this decided on a directed share issue of 350,754 shares to the sellers.

The Board of Directors of Green Landscaping has within the scope of the authorisation from the annual general meeting on 14 May 2018, decided to issue a total of 350,754 new shares in Green Landscaping, as part of the purchase price connected to the acquisition of Mark & Miljö.

The subscription price for the issued shares amounts to SEK 28.495 per share and has been fully subscribed for by the sellers of Mark & Miljö. Through the share issue, Green Landscaping’s total share capital increases with SEK 24,903 to SEK 2,545,326.

The subscription price for the issued shares has been based on the volume weighted average price (VWAP) per share of Green Landscaping’s share on Nasdaq First North for the last 30 days of trading.

The number of votes and shares after the share issue will amount to 35,849,663. The share issue implies a dilution effect of about 1.0 percent.

For further information:
Carl-Fredrik Meijer, CFO Green Landscaping, +46 701 08 70 19
carl-fredrik.meijer@greenlandscaping.se 

The information was submitted for publication on 14 December 2018 at 16:00 CET.

Green Landscaping Group is the #1 landscaping service provider in Sweden. Our business idea is to refine our customers’ outdoor environments by offering services focused on high customer value, long-term sustainability and quality. The group has approximately 1,230 employees and sales amount to approx. SEK 2 billion. The company’s shares are listed on Nasdaq First North with ticker GREEN. Pareto Securities AB acts as Certified Adviser. For more information, please visit www.greenlandscapinggroup.se.