AcadeMedia

AcadeMedia has today been informed that Mellby Gård and Akelius Foundation have agreed to cancel the agreement according to which Akelius Foundation would acquire Mellby Gård's entire holding in AcadeMedia. This means that Mellby Gård will remain as AcadeMedia’s largest owner with 24,4% of the shares.

The initiative to cancel the agreement was taken by Mellby Gård. Contact with Akelius Foundation about this was taken at the end of last week.

Johan Andersson, CEO of Mellby Gård and member of the board of AcadeMedia.

- We will remain as AcadeMedia’s largest owner, which I look forward to. We will work to fulfill our long-term strategy and together with the company continue to make various quality investments, and also continue to grow internationally.

Håkan Sörman, Chairman of the board of AcadeMedia:

- I look forward to continuing to work with Mellby Gård as the largest owner. The owners, board and management of AcadeMedia have common ambitions and goals, where the most important thing is to constantly work to create the best possible teaching for everyone who chooses one of our schools.

For more information, please contact:

Paula Hammerskog, Director of Communications
Telephone: +46 73-334 87 50
E-mail: Paula.Hammerskog@academedia.se

Hanna Clausén, IR
Telephone: +46 8 794 42 62
E-mail: hanna.clausen@academedia.se

About AcadeMedia
AcadeMedia creates opportunities for people to develop. The 19,400 employees at our 700 preschools, compulsory schools, upper secondary schools and adult education centres share a common focus on quality and development. Our 198,000 children and students are provided with a high quality education, giving them the best conditions to attain both learning objectives and their full potential as individuals. AcadeMedia is Northern Europe ́s largest education company, with locations/facilities/presence in Sweden, Norway, Germany, and Netherlands. Our size gives us the capacity to be a robust, long term partner to the communities we serve. More information about AcadeMedia is available on www.academedia.se.