The shareholding represents 25,802,981 shares, corresponding to 24.4 percent of the total number of shares and votes in AcadeMedia. The transaction is conditional upon receipt of relevant regulatory approvals.

- We have great comfort in that AcadeMedia will get a new responsible main shareholder with great commitment to education, and resources to further develop the business, says Johan andersson, CEO of Mellby Gård.

The total purchase price amounts to approximately SEK 1.68 billion, corresponding to a price per share of SEK 65.

Mellby Gård remains as holder of the shares in AcadeMedia until the approval has been received. Due to the fact that Akelius Foundation is based outside of Sweden, the transaction is conditional upon approval by the Swedish Inspectorate of Strategic Products (ISP). Such approval is expected to be received during the first half of 2024.

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.