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  • Pareto Securities has notified Green Landscaping that stabilisation measures regarding the Company’s shares have been taken

Pareto Securities has notified Green Landscaping that stabilisation measures regarding the Company’s shares have been taken

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NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE.

In connection with the offering to acquire newly issued and existing shares in Green Landscaping Holding AB (publ) (“Green Landscaping” or the “Company”) and the listing on Nasdaq First North (the “Offering”), Pareto Securities, in its capacity as stabilisation manager, may carry out transactions aimed at supporting the market price of the Company’s shares at a level higher than what might otherwise have prevailed in the market. Such stabilization transactions may be effected on any securities market, over-the-counter (OTC) market or otherwise, at any time during the period starting on the date of commencement of trading in the Company’s shares on Nasdaq First North and ending 30 calendar days thereafter. However, Pareto Securities has no obligation to undertake any stabilization. Stabilization, if undertaken, may be discontinued at any time and without prior notice.

Pareto Securities has announced that stabilisation measures have been taken (in accordance with Article 5(4) of the EU Market Abuse Regulation) on Nasdaq First North in accordance with what is set out below.

Stabilisation information

Issuer: Green Landscaping Holding AB (publ)
Security: Shares (SE0010985028)
Offering size (shares): 17,850,000
Over-allotment option (shares): 2,677,500
Offering price (SEK): 21.00
Ticker: GREEN
Stabilisation manager: Pareto Securities

Stabilisation transactions

Date Quantity
(# shares)
Price
(high)
Price
(low)
Price
(average)
Currency Market place
2018-04-03 22,510 20.60 20.40 20.4632 SEK Nasdaq First North
2018-04-04 40,000 20.70 19.90 20.1727 SEK Nasdaq First North
2018-04-05 17,984 20.50 19.85 20.0138 SEK Nasdaq First North
2018-04-06 15,499 20.30 19.95 20.0507 SEK Nasdaq First North
2018-04-09 39,347 20.00 19.50 19.7656 SEK Nasdaq First North
2018-04-10 106,231 20.05 19.50 20.0070 SEK Nasdaq First North
2018-04-11 5,200 19.60 19.40 19.4635 SEK Nasdaq First North

For further information, please contact:
Johan Nordström, CEO, Green Landscaping

Telephone: +46 708 38 58 12
E-mail: johan.nordstrom@greenlandscaping.se

Carl-Fredrik Meijer, CFO, Green Landscaping
Telephone: +46 701 08 70 19
E-mail: cfm@greenlandscaping.se 

This information is information that Green Landscaping is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact person above, on 11 April, 2018, at 6.30 p.m. CET.

About Green Landscaping
Green Landscaping is a leading supplier of services within the Swedish market for maintenance of outdoor environments. The main business comprises a complete offering of maintenance services such as grounds maintenance, landscaping, sports grounds maintenance, as well as arborist services. Green Landscaping is present in the middle and south of Sweden, focusing on the metropolitan areas.

The Company began its operations in the spring of 2009 through a consolidation of four companies, which together formed the new group Green Landscaping. Since then, the Company has conducted seven* more acquisitions and achieved total revenues of SEK 1,016 million in 2017, including full-year revenues from companies acquired in 2017. In 2015, Johan Nordström started working as CEO of Green Landscaping. Since then, the Company has established a platform for profitable growth through the implementation of multiple operational efficiency improvements and efficient steering processes. These have also contributed to an increase in the Company’s adjusted EBITDA margin from 4.2 percent in 2014 to 9.4 percent in 2017, including full-year earnings from companies acquired in 2017. The Company intends to grow through both organic growth and acquisitions, and has established a structured acquisition strategy for the future.

Pareto Securities acts as Certified Adviser to the Company.

Important information
This announcement is not and does not form a part of any offer for sale of securities. Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any offering in the United States or to conduct a public offering of securities in the United States.

Any offering of the securities referred to in this announcement will be made by means of a prospectus. This announcement is not a prospectus for the purposes of Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the “Prospectus Directive”). Investors should not invest in any securities referred to in this announcement except on the basis of information contained in the aforementioned prospectus.

In any EEA Member State other than Sweden that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Directive, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State.

This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). This communication must not be acted on or relied

on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

Matters discussed in this announcement may constitute forward-looking statements. Forward looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will”, “may”, "continue", “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.


* Excluding the acquisition of Miljöbyggarna Stockholm Aktiebolag that was merged with the Company in 2016 and Goldcup 16362 AB (name being changed to Green Landscaping Incentive AB) that was acquired as an off-the-shelf company in February 2018 for administration purposes relating to the Company’s planned warrant-based incentive program.

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