Doxa calls for compulsory redemption and Serneke applies for delisting

Doxa Aktiebolag (publ) (”Doxa”), which after completion of the public takeover bid holds more than 90 per cent (excluding the shares owned by the company itself) of the shares and votes in SERNEKE Group AB (publ) ("Serneke"), has today called for compulsory redemption of the remaining shares in Serneke.

Against the above background, the Board of Directors of Serneke has decided to apply for delisting of Serneke's serie B shares from Nasdaq Stockholm. The last day of trading in the share will be announced after Serneke has submitted the application and received a decision from Nasdaq Stockholm.

The Board of Directors of Serneke has furthermore, at the request of Doxa, decided to convene an Extraordinary General Meeting to be held on 7 July 2023 for resolutions on, inter alia, election of the board of directors. The notice will be published through a separate press release.

For more information, please contact:
Johan Live, public relations manager
Tel: +46 768 68 11 37
johan.live@serneke.se

This information was released for public disclosure through the agency of the contact person above, on 12 June 2023, at 7 p.m. (CEST).
 

Serneke is a rapidly growing corporate group active in contracting and project development. The Group was founded in 2002 and today has income of nearly SEK 9.2 billion and approximately 1,200 employees, organized into three business areas: Serneke Sweden, Serneke Invest and Serneke International. Through novel thinking, the Company drives development and creates more effective and more innovative solutions for responsible construction. The Company builds and develops housing, commercial buildings, industrial facilities, public buildings, roads and civil engineering projects, and other infrastructure. The company’s customers consist of both public and commercial clients. The Company’s Swedish units operate nationwide and are organized into five regions: South, West, East, Central and North, and are headquartered in Gothenburg. The Company’s Series B shares (SRNKE) have been listed on the Nasdaq Stockholm exchange since November 2016.

Further information about Serneke Group AB is available at www.serneke.com