JM — Regulatory Filings 2018

Mar 8, 2018

PRESS RELEASE | 2018-03-08

JM Construction doing site and engineering work at Stockholm Norvik Port in Nynäshamn

Ports of Stockholm has entrusted JM Construction with conducting extensive site and engineering work for the new container port in Nynäshamn.

The construction contract is expected to get underway in Q1 2018, and be completed by the end of 2020.

JM Construction will carry out water and sewage work, shaft and backfill work and extensive surface work (asphalting and paving) for the future container port.

"We are very proud and pleased to have been chosen by Ports of Stockholm to help develop Stockholm Norvik Port in Nynäshamn. The project comprises large areas, and we will have the opportunity to demonstrate our expertise within site work and conduit installations," says Regional Manager Christian Benfatto, JM Construction.

The contract amounts to just over SEK 360m, evenly distributed across the term of the contract.

For more information, please contact:

Christian Benfatto, Business Area Manager Civil Engineering, +46 (0)8 782 15 34

Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29

This information is information that JM AB 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, at 08:00 CET on 2018-03-08.

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with the main focus on expanding metropolitan areas and university towns in Sweden, Norway, and Finland. We are also involved in the project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 17 bi llion and the company has approximately 2,500 employees. JM AB is a public limited company listed on NASDAQ Stockholm, Large Cap segment. For more information w ww.jm.se/en.