Peab’s Board proposes new time for distribution of Annehem Fastigheter
Today Peab’s Board proposed that all the shares in Annehem Fastigheter are to be distributed to the company’s shareholders and listed, if possible during the fourth quarter 2020 and otherwise during the first quarter 2021, if market conditions allow. When Annehem Fastigheter is distributed the difference between market values and book values as well as eliminated construction contract profit will be taken up as income in Peab. This preliminarily amounts to SEK 850 million. Peab’s Board has decided not to make a new proposal for an ordinary dividend, and therefore the Annual General Meeting’s