Green Landscaping completes the acquisition of Mark & Trädgård Skottorp and decides on directed share issue
Green Landscaping Holding AB (publ) has today completed its previously communicated acquisition of Mark & Trädgård Skottorp, and the Board has in connection with this decided on a directed share issue of 161,394 shares to the sellers.
The Board of Directors of Green Landscaping has, on the basis of authorization from the Annual General Meeting on May 15, 2019, decided to issue a total of 161,394 shares in Green Landscaping as part of the purchase price for the acquisition of Mark & Trädgård.
The subscription price for the issued shares amounts to SEK 36.70 per share and has been fully subscribed for by the sellers of Mark & Trädgård. Through the share issue, Green Landscaping's share capital increases by SEK 11,459 to SEK 2,556,785.
The price for the subscription price has been determined based on the volume weighted average price (VWAP) per share for the trading conducted in the Green Landscaping share on Nasdaq Stockholm during the last 5 trading days before entry.
The number of shares and votes will, after the new share issue, be 36 011 057. The share issue implies a dilution effect of 0.45 percent.
The information was submitted for publication on 3 July 2019 at 14:30 CET.
For further information:
Carl-Fredrik Meijer, CFO Green Landscaping, +46 701 08 70 19
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 1,200 employees and sales amount to approx. SEK 2 billion. The company’s shares are listed on Nasdaq Stockholm with ticker GREEN. For more information, please visit www.greenlandscapinggroup.se.