Zengun Group AB (publ) has resolved to purchase own bonds in a total nominal amount of MSEK 75

On 19 October 2020, Zengun Group AB (publ) (the “Company”) issued a covered bond of SEK 600,000,000 within a framework of SEK 1,000,000,000 (the “Bonds”). Today the board in the Company resolved to purchase 60 Bonds in a total nominal amount of SEK 75,000,000 through Nordea. The price per Bond will be set to the nominal amount, being SEK 1,250,000 plus a premium of 0,5 per cent thereof, i.e. in total SEK 75,375,000.

For further information, please contact:
Mick Salonen Högberg, Managing Director and CEO, +46 (0) 70 569 66 73
Stefan Lindh, CFO, +46 (0) 70 383 16 07

Prior to publication, this information constituted insider information. This information is of such a kind that Zengun Group AB (publ) is legally required to disclose pursuant to the EU’s Market Abuse Regulation. This information was submitted through the agency of the above contacts for publication on 18 November 2021 at 8.30 p.m. (CET).

Driving projects drives Zengun. We operate in the Stockholm region, in close collaboration with customers and always with the project and people in focus. We help property owners improve their property portfolios in each project by offering know-how and skills as a collaboration and sustainability partner throughout the entire lifespan of the project. We build commercial properties, with a mix of select public-sector properties and residential projects. We take the long term into consideration for our employees, customers and surroundings, and are constantly developing to make each project a reference project. In 2020, Zengun had sales of approximately SEK 2.5 billion and 180 employees. #zengunbyggerstockholm