Continued strong growth and run-rate net sales is almost SEK100m

Q4 Financial Highlights

  • ARR at the end of Q4 (the quarter ending 30 June 2022) was SEK 79.9m, corresponding to a 27% increase compared with the same period last year (SEK 63.1m).
  • Total contract value at the end of Q4 of SEK 117.1m, corresponding to a 52% increase compared with the same period last year (SEK 77.0m).
  • Net sales in Q4 were SEK 23.1m, corresponding to a 44% increase compared with the same period last year (SEK 16.0m).
  • Proforma organic net sales growth in Q4 was 18% and proforma organic TCV growth in Q4 was 52% compared with the same period last year.
  • Gross profit in Q4 was SEK 21.4m equating to a 93.1% gross margin.
  • Normalised EBITDA (EBITDA before non-recurring items) was SEK -2.1m compared to the same period last year (SEK -1.8m).
  • EBITDA of SEK -3.0m compared to the same period last year (SEK -7.3m).
  • Basic earnings per share (weighted) amounted to SEK -0.09 (SEK -0.21).
  • Operating cashflow in Q4 was SEK – 0.7m.

Operational Highlights

  • 220 new agreements were signed by the group with a value of SEK 33.8m.
  • We have announced a new group management team with the appointments of Alex Mathieson as Chief Revenue Officer, Maria Hudson as Chief Marketing Officer, Bruce Morrison as Chief Financial Officer, Emily Hopson-Hill as Chief Operating
    and Technology Officer all reporting to Gustave Geisendorf as Group CEO.

 

For more information

For additional information please contact Gustave Geisendorf, CEO of BuildData Group AB: gustave.geisendorf@builddata.se, +44 7760 760 777. Bruce Morrison, CFO of BuildData Group AB:bruce.morrison@builddata.se, +44 7770 262386.

About Builddata

BuildData operates a suite of companies that help property developers, asset owners, contractors and facility management teams derive meaningful value from data throughout the entire building lifecycle.

Continued strong growth and run-rate net sales is almost SEK100m

Financial Highlights

  • ARR at the end of Q3 was SEK 74.1m, corresponding to a 222% increase compared with the same period in FY21 (SEK 23.0m).
  • Total contract value at the end of Q3 of SEK 106.8m, corresponding to a 158% increase compared with the same period in FY21 (SEK 41.4m).
  • Net sales in Q3 were SEK 22.1m, corresponding to a 159% increase compared with the same period in FY21 (SEK 8.5m).
  • Proforma organic growth in net sales of 19% and TCV of 42% from FY 21 Q3.
  • Gross profit in Q3 was SEK 21.3m equating to a 96% gross margin.
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -1.5m compared to the same period in FY21 (SEK 0.9m).
  • EBITDA of SEK -1.5m compared to the same period in FY21 (SEK 3.1 m).
  • Basic earnings per share (weighted) amounted to SEK -0.8 (SEK 0.02).
  • Operating cashflow in Q3 was SEK-4.0m.

Operational Highlights

  • 301 new agreements were signed by the group in Q3 with a value of SEK 28.7m.
  • 5 new enterprise agreements were signed in Q3.

Significant Events after the Period

  • There have been no significant events after the end of the period.

 

The Q3 interim report for the period from 1 January to 31 March 2022 will be available at our website at https://www.builddata.se/investors/reports-and-presentations/

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).

Continued strong growth and run-rate net sales is almost SEK100m

 

Financial Highlights

  • Introducing three new KPIs, ARR, TCV and gross profit margin.
  • ARR at the end of Q2 was SEK 72.1m, corresponding to a 248% increase compared with the same period in FY21 (SEK 20.7m).
  • Total contract value of SEK 96.5m, corresponding to a 147% increase compared with the same period in FY21 (SEK 39.1m).
  • Gross profit in Q2 was SEK 21.4m representing 96% of income.
  • Net sales in Q2 were SEK 21.7m, corresponding to a 136% increase compared with the same period in FY21 (SEK 9.2m).
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -3.9m compared to the same period in FY21 (SEK 0.3m).
  • EBITDA of SEK -4.2m compared to the same period in FY21 (SEK -1.7 m).Net loss was SEK –7.4m compared with the same period in FY21 (SEK -3.9m)
  • Basic earnings per share (weighted) amounted to SEK -0.12 (SEK -0.09).
  • Operating cashflow in Q2 was SEK –6.5m.

Operational Highlights

  • 218 new agreements were signed by the group in FY2022 Q2 with a value of SEK 33.3m.
  • New enterprise signed with Homeground (SEK 4.8m) and Quintain (SEK 3.2m).
  • Acquisition of 80% of Bond Bryan Digital, a leading BIM provider.

Significant Events after the Period

There have been no significant events after the end of the period.

The Q2 interim report for the period from 1 October to 31 December 2021 is attached as a PDF file. This report and other financial reports will be available at our website at https://www.builddata.se/investors/reports-and-presentations/

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).

Continued strong growth and run-rate net sales is almost SEK100m

Bulletin from the annual general meeting in BuildData Group AB

Annual general meeting in BuildData Group AB, 559136-0317 (the ”Company”) was held today, 11 November 2021. In view of the current covid-19 situation, the meeting was held through postal voting only, without physical presence. The main decisions of the annual general meeting are summarised below.

 

  • The meeting adopted the Company’s income statement and balance sheet and the consolidated income statement and balance sheet for the financial year that ended on 30 June 2021. The meeting resolved that no dividend shall be paid for the financial year that ended on 30 June 2021. The board of directors and the managing director were discharged from liability for the abovementioned financial year.

 

  • The meeting resolved to re-elect board members Stefan Charette, Gareth Burton, Melanie Dawson, Erik Gabrielson, Mikael Näsström and Per Åkerman. Stefan Charette was re-elected as the chairman of the board of directors.

 

  • Further, the meeting resolved, in accordance with the board’s proposal, that remuneration amounting to SEK 186,000 for the chairman and to SEK 93,000 for each of the other board members, shall be paid out.

 

  • The registered accounting firm BDO Sweden AB was re-elected as the Company’s auditor. The meeting resolved that the auditor’s remuneration shall be paid in accordance with approved invoices.

 

  • The meeting resolved, in accordance with the board’s proposal, to change the limits for the total amount of shares and share capital in the articles of association, in accordance with below.

 

 

Former wording New wording

§ 4 AKTIEKAPITAL / SHARE CAPITAL

Aktiekapitalet ska utgöra lägst 5 600 000 kronor och högst 22 400 000 kronor.

 

The share capital shall be not less than SEK 5,600,000 and no more than SEK 22,400,000.

 


§ 4 AKTIEKAPITAL / SHARE CAPITAL

Aktiekapitalet ska utgöra lägst 12 500 000 kronor och högst 50 000 000 kronor.

 

The share capital shall be not less than SEK 12,500,000 and SEK 50,000,000.


§ 5 ANTAL AKTIER / NUMBER OF SHARES

Antal aktier ska vara lägst 28 000 000 och högst 112 000 000.

 

The number of shares shall be no fewer than 28,000,000 and no more than 112,000,000.

 


§ 5 ANTAL AKTIER / NUMBER OF SHARES

Antal aktier ska vara lägst 62 500 000 och högst 250 000 000.

 

The number of shares shall be no fewer than 62,500,000 and no more than 250,000,000.

 

 

  • The meeting resolved to authorize the board of directors to resolve, on one or several occasions and for the time period until the next annual general meeting, to increase the Company’s share capital by new share issues and to issue warrants and convertible bonds, to the extent possible according to the articles of association, as applicable. Issues may be made with or without deviation from the shareholders’ preferential rights and with or without provisions for contribution in kind, set-off or other conditions.

 

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.

Continued strong growth and run-rate net sales is almost SEK100m

SUMMARY FOR FINANCIAL YEAR 2022 Q1

Financial Highlights

  • Net sales in Q1 were SEK 21.2m, corresponding to a 110% increase compared with the same period in 2020 (SEK 10.1m).
  • Recurring revenues increased by 26%. Underlying organic sales growth on a proforma basis of 3.4%.
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK 0.9m compared to the same period in 2020 (SEK 2.4m). As we indicated at the beginning of the year, the company is investing for future growth which has led to the decrease in Normalised EBITDA.
  • EBITDA of SEK 0.0m compared to the same period in 2020 (SEK 2.0m).
  • Net loss was SEK -2.6m compared with a profit in the same period in 2020 (SEK 0.1m).
  • Basic earnings per share (weighted) amounted to SEK -0.04 (SEK 0.00).
  • Operating cashflow in Q1 was SEK –8.4m.

 Operational Highlights

  • 190 new agreements were signed by the group in FY2022 Q1 with a value of SEK 23.7m
  • Total contract value of SEK 81.9m at the end of Q1 compared with SEK 76.7m at the end of the previous quarter.
  • Bruce Morrison joined as Chief Financial Officer.
  • Gareth Burton and Melanie Dawson joined as board members.

 Significant Events after the Period

  • There have been no significant events after the end of the period.

 

The 2022 Q1 Interim Report for 1 July to 30 September 2021 is attached as a PDF file. This report and other financial reports will be available on our website at https://www.builddata.se/investors/reports-and-presentations/.

 

For more information

Please contact Gustave Geisendorf, CEO of BuildData Holding AB: gustave.geisendorf@builddata.se, +44 7760 760 777.

 

About BuildData Group AB

BuildData Holding AB (publ) (Parent Company) and its subsidiaries (collectively the “Group” or the “Company”) 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.

 

BuildData is listed on Nasdaq First North Growth Market and Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se, www.redeye.se).

 

Financial Highlights

  • Introducing three new KPIs, ARR, TCV and gross profit margin.
  • ARR at the end of Q2 was SEK 72.1m, corresponding to a 248% increase compared with the same period in FY21 (SEK 20.7m).
  • Total contract value of SEK 96.5m, corresponding to a 147% increase compared with the same period in FY21 (SEK 39.1m).
  • Gross profit in Q2 was SEK 21.4m representing 96% of income.
  • Net sales in Q2 were SEK 21.7m, corresponding to a 136% increase compared with the same period in FY21 (SEK 9.2m).
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -3.9m compared to the same period in FY21 (SEK 0.3m).
  • EBITDA of SEK -4.2m compared to the same period in FY21 (SEK -1.7 m).Net loss was SEK –7.4m compared with the same period in FY21 (SEK -3.9m)
  • Basic earnings per share (weighted) amounted to SEK -0.12 (SEK -0.09).
  • Operating cashflow in Q2 was SEK –6.5m.

Operational Highlights

  • 218 new agreements were signed by the group in FY2022 Q2 with a value of SEK 33.3m.
  • New enterprise signed with Homeground (SEK 4.8m) and Quintain (SEK 3.2m).
  • Acquisition of 80% of Bond Bryan Digital, a leading BIM provider.

Significant Events after the Period

There have been no significant events after the end of the period.

The Q2 interim report for the period from 1 October to 31 December 2021 is attached as a PDF file. This report and other financial reports will be available at our website at https://www.builddata.se/investors/reports-and-presentations/

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).

Continued strong growth and run-rate net sales is almost SEK100m

BuildData Group AB (publ) is releasing the annual report for the year ending 30 June 2021 on the website – please see this link.

For more information, please contact:

Gustave Geisendorf, CEO at BuildData, gustave.geisendorf@builddata.se, +44 7760 760 777

About BuildData

BuildData Holding AB (publ) (Parent Company) and its subsidiaries (collectively the “Group” or the “Company”) 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.

BuildData is listed on Nasdaq First North Growth Market and Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se, www.redeye.se

 

Financial Highlights

  • Introducing three new KPIs, ARR, TCV and gross profit margin.
  • ARR at the end of Q2 was SEK 72.1m, corresponding to a 248% increase compared with the same period in FY21 (SEK 20.7m).
  • Total contract value of SEK 96.5m, corresponding to a 147% increase compared with the same period in FY21 (SEK 39.1m).
  • Gross profit in Q2 was SEK 21.4m representing 96% of income.
  • Net sales in Q2 were SEK 21.7m, corresponding to a 136% increase compared with the same period in FY21 (SEK 9.2m).
  • Normalised EBITDA (EBITDA before non-recurring items and FX translation) was SEK -3.9m compared to the same period in FY21 (SEK 0.3m).
  • EBITDA of SEK -4.2m compared to the same period in FY21 (SEK -1.7 m).Net loss was SEK –7.4m compared with the same period in FY21 (SEK -3.9m)
  • Basic earnings per share (weighted) amounted to SEK -0.12 (SEK -0.09).
  • Operating cashflow in Q2 was SEK –6.5m.

Operational Highlights

  • 218 new agreements were signed by the group in FY2022 Q2 with a value of SEK 33.3m.
  • New enterprise signed with Homeground (SEK 4.8m) and Quintain (SEK 3.2m).
  • Acquisition of 80% of Bond Bryan Digital, a leading BIM provider.

Significant Events after the Period

There have been no significant events after the end of the period.

The Q2 interim report for the period from 1 October to 31 December 2021 is attached as a PDF file. This report and other financial reports will be available at our website at https://www.builddata.se/investors/reports-and-presentations/

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).

Continued strong growth and run-rate net sales is almost SEK100m

The shareholders of BuildData Group AB, reg.no 559136-0317 (the “Company”) are hereby summoned to the annual general meeting on Thursday, 11 November 2021 to be held by postal voting only.

 

In view of the current situation and considering the risk for spreading the coronavirus, the Board of Directors have decided, that the meeting shall be held without physical presence by shareholders exercising their right to vote by postal voting, in accordance with Section 22 of the Act (2020:198) on temporary exceptions to facilitate the execution of general meetings in companies and other associations.

 

RIGHT TO PARTICIPATE AND REGISTRATION

 

Shareholders wishing to attend the meeting shall:

 

  • be entered in the share register maintained by Euroclear Sweden AB on 3 November 2021, and.
  • notify their participation by casting their postal vote in accordance with the instructions below under “Information on postal voting” so that the postal voting form and, where applicable, proxies, registration certificates and other equivalent documents of authority are received by the Company by 10 November 2021 at the latest.

 

NOMINEE-REGISTERED SHARES

Shareholders whose shares are nominee-registered must, in addition to giving notice of attendance to the Company by casting their postal vote, register such shares in their own names so that the shareholder is recorded in the share register as of 3 November 2021. Such registration may be temporary (so-called voting right registration) and request for such registration shall be made to the nominee in accordance with the nominee’s routines in such time in advance as decided by the nominee. Voting rights registrations effected no later than 5 November 2021 in Euroclear Sweden AB will be considered in the preparation of the share register.

 

INFORMATION ON POSTAL VOTING

 

Shareholders may exercise their voting rights at the meeting only by voting in advance, so-called postal voting, in accordance with Section 22 of the Act (2020:198) on temporary exceptions to facilitate the execution of general meetings in companies and other associations. Forms for postal voting are available on the Company’s website www.builddata.se.

Completed and signed form is sent to BuildData Group AB, c/o Eversheds Sutherland Advokatbyrå, Box 14055, 104 40 Stockholm, Sweden or by e-mail to info@builddata.se. The complete form shall be sent well in advance before the meeting and not later than 5 November 2021 to be considered valid as notice of attendance. The form can be sent by mail to BuildData Group AB, c/o Eversheds Sutherland Advokatbyrå, Box 14055, 104 40 Stockholm, Att: AGM 2021 or by e-mail to builddata@info.se. The shareholder may not provide the postal vote with special instructions or conditions. If this happens, the vote (i.e the postal vote in its entirety) is invalid. More information can be found in the postal voting form.

 

If the shareholder exercises its right to vote by proxy, a written and dated power of attorney signed by the shareholder must be attached to the postal voting form. The proxy form will be available on the Company’s website www.builddata.se. If the shareholder is a legal entity, a registration certificate or other authorization document must be attached to the postal voting form.

 

PROPOSED AGENDA

 

  1. Opening of the meeting and appointment of chairman of the meeting
  2. Preparation and approval of the register of voters
  3. Appointment of one or two persons to verify the minutes of the meeting
  4. Determination of whether the meeting has been duly convened
  5. Approval of the agenda
  6. Presentation of the annual accounts and the auditor’s report on the annual accounts and the consolidated accounts and the auditor’s report on consolidated accounts
  7. Resolutions regarding:
  8. approval of the profit and loss account and the balance sheet and the consolidated profit and loss account and the consolidated balance sheet;
  9. allocation of the Company’s profit or loss in accordance with the adopted balance sheet; and
  10. discharge of liability for the members of the Board of Directors and the Managing Director
  11. Determination of fees for the Board of Directors and auditors
  12. Election of Board of Directors and auditor
  13. Resolution regarding changes in the article of association
  14. Resolution on authorization for the Board of Directors to resolve on issue of shares, warrants and convertibles
  15. Resolution to authorize the Board of Directors to undertake minor adjustments of the resolutions
  16. Closing of the meeting

PROPOSED RESOLUTIONS

Item 1 – Opening of the meeting and appointment of chairman of the meeting

The Board of Directors proposes that Johan Engström (Eversheds Sutherland) is appointed as the Chairman of the meeting.

 

Item 2 – Preparation and approval of the register of voters

The voting list proposed for approval is the voting list prepared by the Company, based on the Company’s share register obtained from Euroclear Sweden AB and received postal votes which have been verified and approved by the persons to approve the minutes.

 

Item 3 – Appointment of one or two persons to verify the minutes of the meeting

The Board of directors proposes that Kevin Holmkvist (Eversheds Sutherland) or, if unable to attend the meeting, any of the persons assigned by the Board of Directors, shall verify the minutes. The persons verifying the minutes shall also control the voting list and that received postal votes are correctly reflected in the minutes.

 

Punkt 7 b)Allocation of the Company’s profit or loss in accordance with the adopted balance sheet

 

The Board of Directors proposes no dividend for the financial year that ended 30 June 2021.

 

Punkt 7 c) Discharge of liability for the members of the Board of Directors and the Managing Director

 

Discharge from liability is decided by individual resolutions for each member of the Board of Directors active during the financial year that ended 30 June 2021 and the CEO respectively, in the following order:

 

  • Director Stefan Charette
  • Director Erik Gabrielson
  • Director Mikael Näsström
  • Director Per Åkerman
  • CEO Gustave Geisendorf

 

Item 8 – Determination of fees for the Board of Directors and auditors

The Company’s nomination committee proposes that the remuneration to the Chairman shall be 186 000 SEK and that renumeration to other Directors shall be 93 000 SEK for the time until the next annual general meeting 2022. Remuneration to the Company’s auditors is proposed to be paid as per the approved invoice.

 

Item 9 – Election of Board of Directors and auditor 

The Company’s Nomination Committee proposes the re-election of (i) Stefan Charette, (ii) Gareth Burton, (iii) Melanie Dawson, (iv) Erik Gabrielson, (v) Mikael Näsström and (vi) Per Åkerman as directors of the Company and (vii) the re-election of Stefan Charette as Chairman of the Board of Directors. The Nomination Committee further proposes that (viii) the registered accounting firm BDO Sweden is appointed as the Company’s auditor for the period until the end of the next annual general meeting. BDO Sweden AB has informed that the certified accountant Johan Pharmanson will remain the auditor-in-charge, should BDO Sweden AB be appointed as the Company’s auditor.

 

Item 10 – Resolution regarding changes in the article of association

The Board of Directors proposes that the Meeting decides to increase the limits in the articles of association on the amount of shares and share capital in accordance with below:

Current wording Proposed wording
§ 4 AKTIEKAPITAL / SHARE CAPITAL
Aktiekapitalet ska utgöra lägst 5 600 000 kronor och högst 22 400 000 kronor. The share capital shall be not less than 5,600,000 and no more than SEK 22,400,000.
§ 4 AKTIEKAPITAL / SHARE CAPITAL
Aktiekapitalet ska utgöra lägst 12 500 000 kronor och högst 50 000 000 kronor.The share capital shall be not less than SEK 12,500,000 and SEK 50,000,000.
§ 5 ANTAL AKTIER / NUMBER OF SHARES
Antal aktier ska vara lägst 28 000 000 och högst 112 000 000.The number of shares shall be no fewer than 28,000,000 and no more than 112,000,000.
§ 5 ANTAL AKTIER / NUMBER OF SHARES
Antal aktier ska vara lägst 62 500 000 och högst 250 000 000.The number of shares shall be no fewer than 62,500,000 and no more than 250,000,000.

The resolution proposed under this item must be approved by shareholders representing not less than two thirds (2/3) of the votes cast and shares represented at the Meeting.

Item 11Resolution on authorization for the Board of Directors to resolve on issue of shares, warrants and convertibles

It is proposed that the Meeting authorizes the Board of Directors to resolve – at one or several occasions and for the time period until the next annual general meeting – to increase the Company’s share capital by new share issues and to issue warrants and convertibles, to the extent possible from time to time according to the Company’s article of association.

New share issues, as well as issues of warrants and convertibles, may be made with or without deviation from shareholders’ preferential rights and with or without provisions for contribution in kind, set-off or other conditions in accordance with Chapter 2 Section 5 of the Swedish Companies Act. Pursuant to Chapter 16 of the Swedish Companies Act, the Board of Directors may not by virtue of this authorization resolve on resolve on issues to directors and/or employees in the Company or its subsidiaries.

 

The purpose of the authorization is to increase the financial flexibility of the Company and the acting scope of the Board of Directors. Should the Board of Directors resolve on an issue with deviation from the shareholders’ preferential rights, the reason shall be to enable the external raising of capital (through new owners of strategic importance for the Company or otherwise) for the financing of the Company’s business, commercialization and development of the Company’s products and intellectual property rights and/or acquisitions of other companies or businesses.

 

A resolution in accordance with this item is valid only if supported by shareholders holding not less than two-thirds (2/3) of both the votes cast and the shares represented at the Meeting.

 

Item 12Resolution to authorize the Board of Directors to undertake minor adjustments of the resolutions

The Board of Directors proposes that the annual general meeting authorizes the Board of Directors, the CEO or a person otherwise designated by the Board, to undertake such minor adjustments and clarifications of the decisions made at the annual general meeting to the extent required for registration of the resolutions.

 

OTHER

Number of shares and votes

 

At the date of this notice, the total amount of shares and votes in the Company amounts to 62 757 284. The Company does not own any own shares.


Shareholders right to request information

Shareholders have the right to request information from the Board of Directors and the CEO in accordance with Chapter 7 Section 32 of the Swedish Companies Act regarding conditions that may affect the assessment of a matter on the agenda and conditions that may affect the assessment of the Company’s financial situation. The Board of Directors and the CEO shall disclose such information if the Board of Directors considers that this can be done without significant damage to the Company.

 

Requests for such information shall be submitted in writing to the Company no later than ten days before the meeting, i.e. no later than 1 November 2021, to the Company’s address BuildData Group AB, c/o Eversheds Sutherland Advokatbyrå, Box 14055, 104 40 Stockholm, Sweden (please mark the post with “AGM 2021”) or by e-mail to info@builddata.se. The information is provided by the Company by keeping it available at the Company at the above address and at the Company’s website www.builddata.se under “AGM 2021” no later than 6 November 2021. The information is also sent to shareholders who have requested it and who have provided their address.

Documents

 

Documents in accordance with the Swedish Companies Act will be available at the Company’s office, address set out above, and on the Company’s website www.builddata.se no later than three weeks before the meeting. The documents are also sent to shareholders who have requested it and who have provided their address.

 

Personal data

 

For information on how personal data is processed in relation to the meeting, see the Privacy Notice on Euroclear Sweden AB’s website at: https://www.euroclear.com/sweden/en/regelverk-Euroclear-Sweden/GDPR.html.

______________

Stockholm in October 2021

BuildData Group AB

The Board of Directors

Continued strong growth and run-rate net sales is almost SEK100m

Stockholm 8 October, 2021 – Zutec Holding AB (publ) (“Zutec”)) today announced it has changed its name to BuildData Group AB (“BuildData”). From October 8, 2021 the ticker will change from ZUTEC.ST to BUILD.ST. An extraordinary general meeting on September 7, 2021 approved the name change and Bolagsverket recently registered the new name. All investor information will from October 8, 2021 be found on the new BuildData website www.builddata.se.

“The name change represents the already commenced change in our strategy and in alignment of our vision of partnering with customers throughout the entire building lifecycle from the development stage into construction and ultimately into the operational facility management phase. Our strategy will now be focused on M&A activity and using the BuildData umbrella for such activity” says Gustave Geisendorf, CEO of BuildData.

BuildData’s strategy is to grow revenue by enabling in excess of 20% organic growth in group companies supported by a targeted M&A strategy to acquire companies with complementary offerings in the building lifecycle. BuildData consists of the following companies and solutions:

Quality Management: A leading web-based and mobile app solution for contractors and housebuilders to manage their quality processes to reduce delays and increase quality. Quality management is offered through the Zutec brand.

Handover Management: When the main contractor hands back the building to the property owner, our handover management solution offers a complete package of information about the building’s assets including all manuals. Handover management is sold through the Createmaster and Zutec brands.

Asset Information Management: Our Asset Information Management (“AIM”) solution offers property developers, housebuilders and housing associations a solution to manage all the data through the whole lifecycle of a building from Design to Operations. AIM is sold through the Zutec and Resi-sense brands.

“We are seeing a strong momentum in our business which is why we are confident to accelerate our growth trajectory. We have multiple avenues for both organic and acquired growth, our M&A pipeline is building and we expect to have further M&A announcements in the near future. Our business now consists of both ConTech (Zutec and CreateMaster) and PropTech (Resi-sense) and we are exploring M&A targets within both areas. Our geographic M&A focus will primarily remain in our home markets in the U.K., Ireland and Australia. Our target remains of reaching SEK 200 million in sales within three years. Shareholder value creation will remain a top priority for us as we are embarking on this next stage in our growth journey.” says Gustave Geisendorf, CEO of BuildData.


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).

Continued strong growth and run-rate net sales is almost SEK100m

Stockholm 26 September 2021 – Zutec Holding AB (publ) (“Zutec”) (under name change to BuildData Group AB) today announced it has hired Bruce Morrison as Chief Financial Officer (CFO) reporting to the CEO Gustave Geisendorf. Bruce is an experienced finance and M&A leader of publicly listed companies within SaaS having been in leadership roles for more than 20 years.

“We are delighted that Bruce has chosen to join us. Not only does Bruce bring a wealth of SaaS experience in public companies but he has also deep experience of M&A. With Bruce’s addition we are even better positioned to execute on both our organic and M&A growth strategy. This is an important brick in building our senior management team and we will shortly announce our new organizational structure to capture even more growth”, says Gustave Geisendorf, CEO of Zutec.

Bruce joins from SmartSpace Software Plc, an AIM listed company of workspace optimization. Bruce is ACA qualified and trained with KPMG and has a Diploma in Accounting from London Metropolitan University.

For more information, please contact:

Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

About BuildData/Zutec

BuildData. Group AB (under name change from Zutec Holding AB (publ)) 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).

Continued strong growth and run-rate net sales is almost SEK100m

18.45 CEST / 2021-08-06 / Zutec Holding AB (SEMM:ZUTEC)

The shareholders of Zutec Holding AB (publ), reg.no 559136-0317 (the “Company“) are hereby  summoned to an Extraordinary General Meeting (the “Meeting“) on Tuesday 7 September 2021.

Due to the risk of spreading of Covid-19 and the authorities’ regulations and advice on avoiding  meetings, the Board of directors has decided, on the basis of temporary regulations, that the Meeting  shall be conducted without physical presence by shareholders exercising their voting rights only by  postal voting.

PARTICIPATION 

A Shareholder wishing to attend the Meeting shall:

  • be recorded in the share register maintained by Euroclear Sweden AB on Monday 30 August 2021; and
  • notify the Company of its intention to attend the Meeting not later than on Monday 6 Sep tember 2021 by submitting a complete voting form and, where applicable, proxies, registra tion certificates and other corresponding authorization documents in accordance with the  instructions under the heading “Information on postal voting” below.

To be entitled to attend the Meeting, shareholders whose shares are nominee-registered must, in  addition to giving notice of attendance to the Company by casting their postal vote, register such  shares in their own names so that the shareholder is recorded in the share register as of 30 August 2021. Such registration may be temporary (so called voting right registration) and request for such  registration shall be made to the nominee in accordance with the nominee’s routines in such time in  advance as decided by the nominee. Voting rights registrations effected no later than the second  banking day after 30 August 2021 will be considered in the preparation of the share register.

INFORMATION ON POSTAL VOTING 

Postal voting 

Due to the outbreak of the corona virus causing Covid-19 and the shareholders’ safety, the Company  has resolved that the Meeting shall be conducted by shareholders exercising their voting rights only  by postal voting in accordance with Section 22 of the Act (2020:198) on temporary exceptions to  facilitate the execution of general meetings in companies and other associations. This means that  the Meeting will be conducted without the physical presence of shareholders, proxies etc., i.e. there  will be no meeting with the opportunity to participate physically.

Forms for postal voting are available on the Company’s website (https://www.zutec.com/). Com pleted and signed form is sent to Zutec Holding AB (publ), c/o Eversheds Sutherland Advokatbyrå,  Box 14055, 104 40 Stockholm, Sweden or by e-mail to investors@zutec.com. The complete form  must be received by the Company no later than Monday 6 September 2021. Further instructions can  be found in the form. The shareholder may not provide the postal vote with special instructions or  conditions. If this happens, the vote (i.e. the postal vote in its entirety) is invalid. If shareholders  vote by post by proxy, the power of attorney must be attached to the postal voting form. Proxy  forms can be found on the Company’s website (https://www.zutec.com/). If the shareholder is a  legal entity, a registration certificate or other authorization document must also be attached.

PROPOSED AGENDA 

The Board of Directors’ proposed agenda for the Meeting:

  1. Opening of the Meeting
  2. Appointment of chairman of the Meeting
  3. Preparation and approval of the voting list
  4. Approval of the agenda for the Meeting

 

  1. Appointment of one or two persons to verify the minutes of the Meeting  6. Determination of whether the Meeting has been duly convened
  2. Resolution to amend the articles of association
  3. Election of Board of Directors
  4. Closing of the Meeting

PROPOSED RESOLUTIONS 

Appointment of chairman of the Meeting (item 2) 

The Board of Directors proposes that Mikael Näsström is appointed as the chairman of the Meeting. Preparation and approval of voting list (item 3) 

The voting list which is to be drawn based on the Meeting’s share register and received postal votes  is proposed as voting list for the Meeting.

Election of one or two persons to verify the minutes (item 5) 

The Board of Directors proposes that Kevin Holmkvist (Eversheds Sutherland), or, if unable to attend  the Meeting, any of the persons assigned by the Board of Directors, shall verify the minutes. The  persons verifying the minutes shall also control the voting list and that received postal votes are  correctly reflected in the minutes.

Resolution to amend the articles of association (item 7) 

As announced by the Company in a press release on 11 June 2021, the Board of Directors proposes  to change the name of the Company to BuildData Group AB. Thus, the Board of Directors proposes  the following amendment to the Articles of Association.

Current wording  Proposed new wording
§ 1 FIRMA / COMPANY NAME 

Bolagets firma är Zutec Holding AB. Bolaget är  publikt (publ).

The company’s name is Zutec Holding AB. The  company is a public company (publ).

§ 1 FIRMA / COMPANY NAME 

Bolagets företagsnamn är BuildData Group AB.  Bolaget är publikt (publ).

The company’s name is BuildData Group AB.  The company is a public company (publ).

 

Election of Board of Directors (item 8) 

The Board proposed that the Board of Directors is to be composed of six Directors and that Gareth  Burton and Melanie Dawson are elected as new Directors of the Board. Furthermore, the Board  proposes that Stefan Charette is elected as the chairman of the Board. Should the Meeting resolve  in accordance with the proposal, the Board of Directors will be: Stefan Charette (chairman), Mikael  Näsström, Erik Gabrielson, Per Åkerman, Gareth Burton and Melanie Dawson.

New Directors are entitled to remuneration for their work in accordance with the renumeration fees  resolved by the 2020 Annual General Meeting, in proportion to the actual time served as Director.

Gareth Burton

Gareth Burton is an experienced construction software industry executive having recently served as  CEO of Thinkproject. Gareth Burton initially served as a non-executive director at Thinkproject before  taking over as CEO in 2019. He successfully led the impressive growth of Thinkproject since 2019  and the sale of the business to EQT last December. Prior to Thinkproject, Gareth Burton had a career  as a CIO in the Oil and Gas, construction and FinTech software industries. He has also led a global  service business for Motorola and held senior positions at BT. Gareth Burton has a degree and Engineering Mathematics and attended Insead Business School International Executive Program. He will, due to non-compete restrictions in his current employment agreement, start as Director on 6  October 2021 and, at the same time, become a shareholder in Zutec.

Melanie Dawson

Melanie has extensive practical experience within BIM & Digital Construction from an extensive and  diversified construction career over the past 15 years. She has held a variety of challenging leader ship roles including Head of BIM and head of Digital Construction to owning her own BIM & Digital  Construction Consultancy company Origin7 Ltd. Melanie’s leadership has been fundamental in the  delivery of many high-profile public and private sector projects across the UK.

OTHER 

Information  

Shareholders have the right to request information from the Board of Directors and the CEO in  accordance with Chapter 7 Section 32 of the Swedish Companies Act regarding conditions that may  affect the assessment of a matter on the agenda and conditions that may affect the assessment of  the Company’s financial situation. The Board of Directors and the CEO shall disclose such information  if the Board of Directors considers that this can be done without significant damage to the Company.  The disclosure obligation also applies to the Company’s relationship with another group company,  the group accounts and such matters as mentioned above with regard to subsidiaries.

Requests for such information must be submitted in writing to the Company no later than ten days  before the Meeting, i.e. no later than 28 August 2021, to the Company’s address Zutec Holding AB  (publ), c/o Eversheds Sutherland Advokatbyrå, Box 14055, 104 40 Stockholm, Sweden or by e-mail  to investors@zutec.com. The information is provided by the Company by keeping it available on the  Company’s website www.zutec.com and at the Company at the above address no later than 2 September 2021. The information is also sent to shareholders who have requested it and who have  provided their address.

Personal data 

For information on how personal data is processed in relation to the Meeting, see the Privacy No tice on Euroclear Sweden AB’s website at: https://www.euroclear.com/dam/ESw/Legal/Pri vacy_notice_BOSS_20181023.pdf.

Number of shares and votes 

At the date of this notice, the Company’s share capital amounts to SEK 12,551,456.80, represented  by 62,757,284 shares. Each share carries one vote.

____________________

Stockholm in August 2021

Zutec Holding AB (publ) 

Board of Directors

For more information, please contact: 

Gustave Geisendorf, CEO at Zutec

Tel: +353 1 201 3565

E-mail: gustave.geisendorf@zutec.com

About Zutec 

Zutec is a SaaS provider within construction and property technology.

Zutec Holding AB (publ) is listed on Nasdaq First North Growth Market and Redeye AB is the Com pany’s acting Certified Adviser +46 8 121 576 90, certifiedadviser@redeye.se, www.redeye.se