Adapteo announces changes to its financial calendar and dual listing timeline
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Adapteo Plc Regulatory Press release 18 December at 2:00 p.m. CET
As announced on 9 December, due to Adapteo’s acquisition of Stord Innkvartering and the related financing, as well as the consolidation of the October acquisition of the Dutch Cabin Group, Adapteo will postpone the publication of its Financial Statements Release 2020 to 18 February 2021. It was previously scheduled to be published on 5 February 2021.
For these reasons Adapteo has also decided to postpone its listing on Nasdaq Helsinki to Q2 2021. Postponing the listing on Nasdaq Helsinki will enable Adapteo to focus on completing the Stord acquisition and to provide, in connection with the listing, more detailed information on the impact of the Stord acquisition and the acquisition of Dutch Cabin Group. It remains Adapteo's firm intention to list its shares on Nasdaq Helsinki. Changes to this intended timeline can occur if future actions by Adapteo make such changes necessary.
For additional information, please contact
Erik Skånsberg, CFO, +46 70 264 70 35, erik.skansberg@adapteo.com
Adapteo in brief
Adapteo is a leading flexible real estate provider in Northern Europe. We build, rent out and sell adaptable buildings for schools, daycare centres, care, offices, accommodation and events. We know that our society will go through an immense change in the years to come. Whatever the future brings, we believe that adaptability is the best solution. With our buildings, we can transform, repurpose, scale up and scale down in a matter of weeks by using a modular and circular building concept. Our buildings can be used for a few days or indefinitely, always optimised for current needs. That is how we build adaptable societies.
Adapteo is listed on Nasdaq Stockholm and operates in Sweden, Finland, Norway, Denmark, Germany, and The Netherlands. In 2019, Adapteo’s Net sales were EUR 216 million.