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Reduction in share capital JM AB (publ)

Press release 9/30/2014 4:00 PM

As previously announced, the reduction in share capital of SEK 2,873,057 regarding 2,873,057 shares, decided at the Annual General Meeting on April 24, 2014, has been effected. In accordance with Chapter 4, section 9 of the Financial Instruments Trading Act, however, 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 77,075,746 and the total number of issued shares in JM AB is 77,075,746.

Following the reduction in share capital, JM holds 1,075,534 own shares, corresponding to 1.4 percent of the total amount of shares and votes in the company.  

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 the main focus on expanding metropolitan areas and university towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM shall promote long-term quality and environmental management in all its operations. Our annual sales total approximately SEK 13 billion and the company has about 2,200 employees. JM AB is a public limited company listed on the NASDAQ OMX Stockholm, Large Cap segment.