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2016-10-27

JM: JM Construction building Hagaskolan in Vallentuna

Vallentuna Municipality, located just north of Stockholm, has
entrusted JM Construction with a turnkey contract to construct a
school - Hagaskolan.

The contract includes new construction of the school and playground.
Hagaskolan will be built in what is currently a wooded area, which
will be partially preserved for the future playground. The gross
floor area is approximately 13,900 square meters and the lot area is
45,000 square meters. The school will consist of two buildings - the
school building and a gymnasium - on two floors. The premises will
house a preschool, with space for 80 children in four divisions, and
a school for just over 800 students in grades 1-9.

"Being entrusted to build Hagaskolan is especially gratifying since
the project involves all aspects of our business. Engineering,
construction and our specialists within facade work will be involved
in Hagaskolan," says President JM Construction Peter Neuberg.

Hagaskolan's premises and outdoor environment will promote student
development and desire to learn, and the school's design will promote
a good work environment for both students and staff. The buildings
are being designed to simplify administration as well as to enable
efficient energy consumption.

Construction start-up is planned for 2017, and the school will be
ready for the first day of school in autumn 2019. The total contract
amounts to approximately SEK 300m, evenly distributed across the term
of the contract.

For additional information, please contact:
Sabina Granath, Manager Commercial Buildings, +46 (0)8 782 14 59
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 2016-10-27.

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 emphasis on expanding metropolitan areas
and university towns in Sweden, Norway and Finland. We are also
involved in 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 15 billion and the company has about 2,400
employees. JM is a public limited company listed on NASDAQ Stockholm,
in the Large Cap segment. More information is available at
www.jm.se/en.

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http://news.cision.com/jm/r/jm-construction-building-hagaskolan-in-valle...
http://mb.cision.com/Main/1261/2108105/579725.pdf

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