Kilenkrysset increases its voting stake in K-Fast Holding AB through a share exchange
The Kilenkrysset Group has carried out a share exchange with K-Fast Holding AB's principal owners, Erik Selin and Jacob Karlsson, through their respective companies. The transaction results in Kilenkrysset increasing its voting share to 10.0 percent following an exchange of a total of 3,650,946 Class B shares (carrying one vote per share) for 3,650,946 Class A shares (carrying five votes per share). The respective owners' equity stakes in K-Fast Holding AB remain unaffected, as the total number of shares or votes in the company.
Following the transaction, the parties involved-who are also the company's three largest shareholders-will hold the following percentages of the total number of shares and votes in the company, respectively, Erik Selin Fastigheter AB: 32.4 percent of the total number of shares and 35.0 percent of the total number of votes, respectively, Jacob Karlsson AB: 31.4 percent of the total number of shares and 34.2 percent of the total number of votes, respectively, and the Kilenkrysset Group: 7.7 percent of the total number of shares and 10.0 percent of the total number of votes, respectively).
"Erik Selin and I are very pleased that Kilenkrysset wishes to increase its involvement in K-Fastigheter," says Jacob Karlsson, CEO of K-Fast Holding AB. "We have enjoyed a close partnership with Kilenkrysset for several years and have come to know the company's owner, Jan Persson, and his colleagues as highly competent and dedicated individuals. At the most recent Annual General Meeting, Kilenkrysset's representative Andreas Lenander was elected as a new board member, and we are convinced that Kilenkrysset is an owner that will support our ongoing effort to position K-Fastigheter as one of Sweden's leading players in real estate project development combined with strategic contracting capabilities."
The total number of shares in K-Fast Holding AB amounts to 245,993,168, comprising 22,500,000 Class A shares and 223,493,168 Class B shares, and the total number of votes amounts to 335,993,168. Each Class A share entitles the holder to five votes, and each Class B share entitles the holder to one vote. All shares carry equal rights to a share of the company's assets and profit, as well as to any surplus upon liquidation.
For more information, please contact:
Jacob Karlsson, CEO
email: jacob.karlsson@k-fastigheter, telephone: +46 10 167 60 71
Anders Antonsson, Head of Investor Relations and Communications,
email: anders.antonsson@k-fastigheter.se, telephone: +46 10 204 85 35
K-Fastigheter is much more than a property company. Through an integrated process, we operate in the two business segments: Construction and Property Management. In Construction, completed homes are delivered based on K-Fastigheter' proprietary concept buildings to enhance cost efficiency and cut construction times. Furthermore, through the subsidiary K-Prefab, K-Fastigheter delivers complete frame solutions internally as well as to external customers. The Property Management segment manages the Group's property portfolio with a focus on housing and since April 2025, K-Fastigheter owns 57.6 percent of Brinova Fastigheter AB, a leading property company in southern Sweden, with a focus on the Öresund region. Since 2019, K-Fastigheter's class B shares have been traded on Nasdaq Stockholm (ticker: KFAST B). Read more at k-fastigheter.se