31.08.2016 11:12:00
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Notification of Reduction in Share Capital in JM AB (publ)
Regulatory News:
JM (STO:JM) has received permission by the Swedish Companies Registration Office to effect the reduction of share capital with SEK 2,202,624 regarding 2,202,624 shares as per 22 August, 2016 decided at the Annual General Meeting on April 21, 2016. In accordance with Chapter 4, section 9 of the Financial Instruments Trading Act information about the total number of shares is to be announced on the final trading day of the month. After the reduction, the share capital amounts to SEK 73,038,623 and the total number of issued shares in JM AB is 73,038,623.
Following the transaction JM holds 900,095 own shares, corresponding to 1.23 percent of the total amount of shares and votes in the company.
This information is information that JM AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 11:00 CET on 2016-08-31.
JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 14 billion and the company has about 2,400 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160831005498/en/
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