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).