
Delisting of BuildData Group AB
On 28 September 2023, the Board of the Company, at the request of BuildData Acquisition AB, resolved to apply for delisting of the Company’s shares from Nasdaq First North Growth Market. Nasdaq Stockholm has today decided that BuildData Group AB will be delisted from Nasdaq First North Growth Market. The last day of trading will be on Friday, October 20, 2023.
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For more information, please contact:
Gustave Geisendorf, CEO in BuildData Group AB
Tel: +44 7760 760 777
E-mail: gustave.geisendorf@builddata.se
About BuildData Group AB
BuildData Group AB is a cloud-based construction management software company. The Group’s operations are conducted in Ireland with operations in the UK, Australia and the Middle East.
The Company is listed on Nasdaq First North Growth Market and Redeye AB is the Company’s acting Certified Adviser, phone: +46 8 121 576 90, certifiedadviser@redeye.se, www.redeye.se.

BuildData Group Launches Research Institute
Vice-chair of buildingSMART UK&I and DCW 2022 Construction Champion of the Year, Emma Hooper, joins the BuildData’s Research Institute as Head of R&D
London, UK—21st September 2023: Today, BuildData Group AB (“BuildData”) announces the launch of its Research Institute, headed up by Emma Hooper, who will be responsible for research and development across the group’s brands, Zutec & Createmaster.
Set up to better understand and take a lead on the digital transformation of the built environment, the BuildData Group Research Institute will focus on the importance of information as data, its role today and tomorrow as a valuable asset, and devise strategies and concepts to build out an information theory that will drive better building outcomes.
The built environment and digital worlds are constantly evolving, and ensuring the right stakeholders have the right information at the right time is critical. By digging deeper into the construction industry with regards to trends, standards, policy, regulations and best practice that influence information and data today, the primary purpose of the Research Institute will be to actively help shape, guide and educate the industry through research and thought leadership, with an emphasis on information management which is at the heart of digital transformation.
The BuildData Group Research Institute launches with a new paper written by Emma Hooper: “Rethinking Information Management and Modelling”, which focuses on whether the golden thread of information, a requirement of the Building Safety Act, is a product of good information management, asking the question and reviewing what needs to happen to improve the management of information across the built environment?
Emma Hooper, Head of R&D at BuildData Group’s Research Institute, states, “Our belief is that the industry requires a centre of excellence that looks at the bigger picture of information management and a common data framework, acting as think tank to help educate and shape data strategies. Our findings will feed into the wider work of BuildData Group to help provide the communications, services and products which will benefit one of the least digitised industry in the world — construction. However, crucially it will feed into the industry itself and how we can take an integrated approach to ensure better connected and structured data which has a consistent digital language as the industry moves towards a golden thread of information.”
Gustave Geisendorf, CEO at BuildData Group, adds, “With an ever-evolving market, building regulations and standards, the Research Institute comes at a time when the role of information in the built environment has never been more necessary. It will not only enable us to deepen our knowledge and expertise of the built environment and changing landscape, but gives us the mechanism to share insight, thought leadership and research with the construction industry that helps shape its direction, particularly when it comes to building information management and modelling. We want to create a safer and more sustainable built environment, where information is as important as the building itself, and we will use our findings to educate the industry at large and drive new compelling events through digitalisation.”
To download the paper or to find out more about the Research Institute, then please click here.
For more information, please contact:
Maria Hudson: CMO, BuildData Group
maria.hudson@builddata.se
About BuildData
BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Bond Bryan Digital Renames as Createmaster Information Management Under the Createmaster Brand
Building information management leader comes together with Createmaster to strengthen structured information delivery across the asset life cycle.
London, UK—19th September 2023: Today, BuildData Group AB (“BuildData”) announces it’s bringing together two of its brands to improve the way building information is specified, delivered and managed across the whole life of an asset, with Bond Bryan Digital rebranding to Createmaster Information Management.
Combining the multi-award-winning information management and modelling company (Bond Bryan Digital) with the UK number one brand in Digital Handover (Createmaster) will bring many benefits to players across the building lifecycle. From building design, construction and handover to operations and maintenance, this complementary fit in terms of solutions will support an industry navigating mandatory building information reform.
Today both brands work with clients and contractors from across the UK to define and deliver building information and documentation across the RIBA stages of the building lifecycle, supporting customers with information management and compliance.
Bond Bryan Digital rationalises digital building information requirements for its customers and provides information delivery based on industry best practice and international standards, including the UK BIM Framework and ISO 19650.
Createmaster provides digital handover solutions, collating, validating, and delivering asset information and building manuals for customers to support Building Safety Act Gateway 3 compliance and ensure a smooth handover at project completion.
Core solutions delivered to customers won’t change, but the Createmaster brand will be enhanced by adding market-leading information management and building information modelling (BIM) solutions from Bond Bryan Digital.
This move is part of a longer-term goal to provide better connected and structured data to customers, with a consistent digital language as the industry moves towards a golden thread of information. It also means greater joined up thinking around data and how it can be more closely tied to document delivery. Under the Createmaster brand the two businesses can provide a more holistic approach to the specification, production and management of building information, ultimately strengthening the information delivery model.
Commenting on the name change, Gustave Geisendorf, CEO at BuildData Group, says, “With both brands being credible market leaders, bringing Bond Bryan Digital into the Createmaster fold makes sense at a time when building information management is in the spotlight. New and updated standards and regulations, such as The Building Safety Act, put an emphasis on digitised building information, which is not only accessible, but accurate, discoverable and understandable. Therefore, having connected data is critical.
“Not only can we enhance the work we do for our customers but also respond to the changing regulatory landscape and built environment requirements faster. By creating simpler paths to navigate data and the digital ecosystem, we can develop a clear purpose-driven data approach that seamlessly integrates information and delivers more stakeholder trust. This will meet market requirements for a true golden thread of information, supporting compliance that leads to better building outcomes.”
Bond Bryan Digital Limited will now trade as Createmaster Information Management Limited. To find out more, please visit: www.bondbryandigital.co.uk or www.createmaster.co.uk
For more information, please contact:
Maria Hudson: CMO, BuildData Group
About BuildData
BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

The Independent Bid Committee of BuildData Group AB obtains a fairness opinion
On 24 July 2023, Goldcup 33244 AB (the “Offeror”) announced a public offer of SEK 3.53 in cash per share to the shareholders of BuildData Group AB (“BuildData”) (the “Offer”). The Independent Bid Committee has obtained a fairness opinion regarding the Offer. According to the fairness opinion, which is subject to the assumptions and considerations set out therein, the Offer does reflect a fair valuation of the Company.
Background
Information regarding the Offer is available in the Offeror’s press release issued 24 July 2023, see https://news.cision.com/goldcup-33244-ab. An offer document is expected to be published by the Offeror on or around 23 August 2023. See also https://goldcup33244.se. The acceptance period for the Offer is expected to end on or around 21 September 2023.
Board members Stefan Charette, Gareth Burton, Erik Gabrielson, Mikael Näsström and Per Åkerman have a conflict of interest pursuant to Section II.18 of the takeover rules for certain trading platforms issued by the Swedish corporate governance board (the “Takeover Rules“) and have not participated and will not participate in the handling of or decisions regarding the Offer.
The independent bid committee of BuildData consists of Melanie Dawson, member of the board of directors of BuildData (the “Independent Bid Committee”). The Independent Bid Committee has engaged Eversheds Sutherland as legal advisor in connection with the Offer.
The Independent Bid Committee is not composed of a sufficient number of directors to constitute a quorum of the board of directors. Therefore, the Board will not issue a statement regarding the Offer pursuant to Section II.19 of the Takeover Rules.
Fairness opinion
The Independent Bid Committee has appointed Pareto Securities AB to issue an independent fairness opinion in accordance with the Takeover Rules. The fairness opinion is attached to this press release and is subject to the assumptions and considerations set out therein. According to the fairness opinion, Pareto Securities AB is of the opinion that the Offer does reflect the current underlying value in the BuildData and, therefore, a fair valuation of the Company. Pareto Securities AB will receive a fee for the assignment regarding the fairness opinion. The fee is independent of the conclusion of the Opinion and no part of the fee is contingent upon or related to the size of the consideration in the Offer, the acceptance level of the Offer or whether the Offer is completed or not.
BuildData Group AB
The Independent Bid Committee
For further information, please contact:
Melanie Dawson, the Independent Bid Committee of BuildData
By e-mail: info@builddata.se
About BuildData
BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Comment from the Independent Bid Committee of BuildData Group AB regarding the public offer from Goldcup 33244 AB
2023-07-24, 19:30
On 24 July 2023, Goldcup 33244 AB (the “Offeror”) announced a public offer of SEK 3.53 in cash per share to the shareholders of BuildData Group AB (“BuildData”) (the “Offer”).
Further information regarding the Offer is available in the Offeror’s press release issued today, 24 July 2023, see https://news.cision.com/goldcup-33244-ab. An offer document is expected to be published by the Offeror on or around 23 August 2023. See also https://goldcup33244.se. The acceptance period for the Offer is expected to end on or around 21 September 2023.
The Offeror is a newly founded company, with company registration number 559437-7706, and registered office in Stockholm. The Offeror is currently wholly-owned by Striddan Limited, a company wholly-owned by Gustave Geisendorf, CEO of BuildData, and will, at completion of the Offer, become co-owned by the members of a bid consortium.
The bid consortium consists of Striddan Limited and the co-bidders Athanase Industrial Partners Fund II, Athanase Industrial Partners II KB, Hållbar AB, Brian Dodsworth, Gareth Burton, Per Åkerman, Marcus Schiller, Stephen Tarpey, Erik Gabrielson, Stefan Lanefelt, Tom Boland, Mike White, Mikael Näsström and James Cannon (the “Bid Consortium“). The Bid Consortium has entered into an agreement to jointly carry out the Offer through the Offeror.
Board members Stefan Charette, Gareth Burton, Erik Gabrielson, Mikael Näsström and Per Åkerman have a conflict of interest pursuant to Rule II.18 of the Takeover Rules and have not participated and will not participate in the handling of or decisions regarding the Offer.
The independent bid committee of BuildData consists of Melanie Dawson, member of the board of directors of BuildData (the “Independent Bid Committee”). The Independent Bid Committee has engaged Eversheds Sutherland as legal advisor in connection with the Offer and will obtain a fairness opinion from an independent expert. The Independent Bid Committee will publish the fairness opinion at the latest two weeks prior to the end of the acceptance period.
BuildData Group AB
The Independent Bid Committee
For further information, please contact:
Melanie Dawson, the Independent Bid Committee of BuildData
By e-mail: melanie.dawson@origin7.co.uk
About BuildData
BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Unaudited interim report for quarter ended 30 June 2023
Financial Highlights
- ARR at the end of Q4 (the quarter ending 30 June 2023) was SEK 100.0m, corresponding to a 25.1% increase compared with the same period last year (SEK 79.9m).
- TCV at the end of Q4 of SEK 154.9m, corresponding to a 32.3% increase compared with the same period last year (SEK 117.1m). Organic TCV growth in Q4 was 32.3% compared to the same period last year.
- Net sales in Q4 were SEK 28.5m, corresponding to a 22.8% increase compared with the same period last year (SEK 23.2m). Organic net sales growth was 22.8%.
- Gross profit in Q4 was SEK 27.1m (SEK 21.3m) equating to a 95.1% gross margin (91.8%)
- Normalised EBITDA in Q4 (EBITDA before non-recurring items) was SEK 1.5m compared to the same period last year (SEK -1.3m).
- EBITDA of SEK 1.7m compared to the same period last year (SEK -2.6m).
- Basic earnings per share (weighted) amounted to SEK -0.02 (SEK -0.08).
- Operating cashflow in Q4 was SEK -0.3m (SEK -0.7m).
Operational Highlights
- 237 new agreements were signed in Q4 with a value of SEK 33.0m.
Significant Events after the Period
- There were no significant events after the end of the period.
A copy of the report is available athttps://www.builddata.se/investors/reports-and-presentations/
For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.
Bruce Morrison, bruce.morrison@builddata.se, +44 7770262386
About BuildData
BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Invitation to presentation of results for the quarter from April to June 2023
BuildData Group – Invitation to presentation of results for the quarter from April to June 2023 on Wednesday 19 July 2023
Stockholm 7 July 2023 – BuildData Group AB (“BuildData”), will release its results report for the quarter from April to June 2023 on Wednesday 19 July at 07.00 am CET.
Analysts, investors and the media are invited to a presentation at 15.00pm CET on Wednesday 19 July 2023.
The presentation can be viewed live at https://zutec.zoom.us/j/83252050946.
For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.
About BuildData
BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

BuildData Group Appoints New Chief Financial Officer
Stockholm, 3 July 2023: BuildData Group AB (“BuildData”) today announced that Olly Drake as has been appointed as its new Group Chief Financial Officer, following the retirement of Bruce Morrison. With 20 years’ senior leadership experience in finance, operations and corporate M&A across media, tech and SaaS companies, Olly will be part of the BuildData Group Senior Leadership Team reporting into Group CEO, Gustave Geisendorf.
“As a seasoned finance professional, Olly is the ideal appointment for this role as we enter our next phase of growth as a company and execute on our strategy to be a leading construction technology company. We are excited to have Olly as part of the Senior Leadership Team and look forward to working alongside him to make our business and financial position even stronger from organic development and acquisitions,” said Gustave Geisendorf, Group CEO at BuildData Group.
Olly qualified as a Chartered Accountant (ACA) at BDO Stoy Hayward LLP. Prior to joining BuildData Group, Olly has held several senior financial and commercial positions in global media & tech organisations, including Induction Healthcare Plc., Next Fifteen Communications Plc., and Iris Nation Worldwide Ltd., where he was responsible for finance strategy, building financial and operating infrastructures and delivering corporate M&A.
Gustave Geisendorf, continued, “On behalf of our board and the entire team at BuildData Group, I want to thank Bruce for his contributions to the company and putting us in a strong financial position for our future.”
For further information, please contact: Gustave Geisendorf, CEO, Tel: +44 7760 760 777, Email: gustave.geisendorf@builddata.se.
About BuildData
BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

BuildData no longer proceeding with acquisition of Edocuments
Stockholm, 16 June 2023 – BuildData Group AB (“BuildData”) today announced that its proposed acquisition of Edocuments Limited (“Edocuments”) will not be proceeding. On 18 October 2022, BuildData announced it had signed a Letter of Intent to acquire Edocuments. The parties have been unable to agree on the terms of the transaction and the acquisition will therefore not be proceeding.
For further information, please contact: Gustave Geisendorf, CEO, Tel: +44 7760 760 777, Email: gustave.geisendorf@builddata.se.
This is information that BuildData Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 15 June 2023 at 21.35 CET.
About BuildData
BuildData Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

Interim report for quarter ended 31 March 2023
Financial Highlights
- ARR at the end of Q3 (the quarter ending 31 March 2023) was SEK 92.8m, corresponding to a 25.4% increase compared with the same period last year (SEK 74.0m).
- TCV at the end of Q3 of SEK 145.1m, corresponding to a 35.9% increase compared with the same period last year (SEK 106.8m). Organic TCV growth in Q3 was 35.9% compared to the same period last year.
- Net sales in Q3 were SEK 27.0m, corresponding to a 22.2% increase compared with the same period last year (SEK 22.1m). Organic net sales growth was 22.2%.
- Gross profit in Q3 was SEK 25.8m (SEK 21.3m) equating to a 95.6% gross margin (96.4%).
- Normalised EBITDA in Q3 (EBITDA before non-recurring items) was SEK -0.5m compared to the same period last year (SEK -1.5m).
- EBITDA of SEK 0.5m compared to the same period last year (SEK -1.5m).
- Basic earnings per share (weighted) amounted to SEK -0.04 (SEK -0.08).
- Operating cashflow in Q3 was SEK -2.8m (SEK -4.0m).
Operational Highlights
- 231 new agreements were signed in Q3 with a value of SEK 38.3m.
- Reduction in headcount from 115 to 88 in the quarter increasing productivity.
Significant Events after the Period
- In April 2023, the company paid the first tranche of SEK 9.2m for the earnout due under the Createmaster acquisition agreement.