Green Landscaping publishes prospectus relating to the rights issue and updated time plan

The information in this press release is not intended for publication, public release or distribution, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Switzerland, Singapore, South Africa or any other jurisdiction where such publication or distribution would violate applicable laws or regulations. See the section “Important information” at the end of this press release.

The prospectus relating to the rights issue in Green Landscaping Group AB (publ), of approximately SEK 150 million after deductions for issue expenses, has today on 27 May 2020 been approved and registered by the Swedish Financial Supervisory Authority. The prospectus is available on Green Landscaping’s website, https://www.greenlandscapinggroup.se/en/invest-in-green/rights-issue-2020/ as well as on SEB’s website for prospectuses, www.sebgroup.com/prospectuses.

Updated preliminary time plan for the rights issue

The subscription period in the rights issue has been prolonged due to process-technical reasons, which means that the subscription period will commence on 1 June 2020 and conclude on 15 June 2020. Please see below for updated time plan in its entirety.

For complete information on the rights issue, please refer to the prospectus.

Advisors

SEB Corporate Finance is financial advisor and Cirio Advokatbyrå AB are legal advisors to Green Landscaping in connection with the rights issue.

Important information

The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, subscription rights or other securities in Green Landscaping. Any invitation to the persons concerned to subscribe for shares in Green Landscaping will only be made through the prospectus which Green Landscaping publishes today.

This press release may not be released, published or distributed, directly or indirectly, in or into United States, Australia, Canada, Hong Kong, Japan, New Zealand, Switzerland, Singapore, South Africa or any other jurisdiction where participation would require additional prospectuses, registration or measures besides those required by Swedish law. Nor may this press release be distributed in or into such countries or any other country or jurisdiction in which distribution requires such measures or otherwise would be in conflict with applicable regulations. Any failure to comply with the restrictions described may result in a violation of applicable securities regulations.

No subscription rights, paid subscription shares (Sw. Betalda tecknade aktier) or shares issued by Green Landscaping have been, or will be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities legislation of any state or other jurisdiction of the United States and no subscription rights, paid subscription shares or shares may be offered, subscribed for, exercised, pledged, sold, resold, granted, delivered or otherwise transferred, directly or indirectly, in or into the United States. There will be no public offering of such securities in the United States. The securities referred to herein have not been approved or disapproved by the U.S. Securities and Exchange Commission (SEC), any state securities commission or other regulatory authority in the United States, nor have any of the foregoing authorities passed upon or endorsed the merits of the rights issue or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence in the United States.

This press release contains certain forward-looking information that reflects Green Landscaping’s present view of future events as well as financial and operational development. Words such as “intend”, “assess”, “expect”, “may”, “plan”, “believe”, “estimate” and other expressions entailing indications or predictions of future development or trends, not based on historical facts, constitute forward-looking information. Forward-looking information is inherently associated with both known and unknown risks and uncertainties as it depends on future events and circumstances. Forward-looking information is not a guarantee of future results or development and actual outcomes may differ materially from the statements set forth in the forward-looking information.

For more information, please contact:

Johan Nordström, VD
Telephone: +46 70 838 58 12
E-mail: johan.nordstrom@greenlandscaping.se

Carl-Fredrik Meijer, CFO & IR
Telephone: +46 70 108 70 19
E-mail: carl-fredrik.meijer@greenlandscaping.se

Green Landscaping Group is leading player in the maintenance and planning of outdoor environments in Sweden. Our business concept is to enhance the customer's outdoor environment by offering services focused on high customer value, long-term sustainability and quality. The Company has approximately 1,300 employees and sales amount to approximately SEK 2 billion. The Company's shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information visit www.greenlandscapinggroup.se