Samhällsbyggnadsbolaget Buyback Fails; PPI Asset Deal Approved
Shareholders rejected the proposal to buy back and redeem up to 149.2 million Series D shares but approved asset transfers to PPI for SEK 250 million in cash and 39.45 million PPI shares priced at SEK 25.67 each. Closing is expected in Q4 2026, subject to conditions.
Samhällsbyggnadsbolaget i Norden AB (publ) said its proposal to buy back and redeem up to 149.2M Series D shares failed to get class approval, while shareholders approved asset transfers to PPI for SEK 250M cash plus 39.45M PPI shares at SEK 25.67. Closings expected in Q4 2026, subject to condition…