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Regulatory press release

BuildData Group AB: BuildData no longer proceeding with acquisition of Edocuments

BuildData Group
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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.sewww.redeye.se).

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