Business
Chairman of the Board of North Media A/S to Change Role
Announcement No. 9-20254 June 2025 Chairman of the Board of Directors Ole Borch has today, in agreement with the company’s major shareholder, Baunegård ApS, decided to step down as Chairman of North Media during the second half of 2025. This change will take place in connection with Ole Borch at that time taking on the role as Chairman of a new foundation, to be established and expected, in the long term, to take over the majority shareholding in North Media currently owned by Baunegård ApS, whi
About this update from North Media A/s
Announcement No. 9-2025 4 June 2025 Chairman of the Board of Directors Ole Borch has today, in agreement with the company’s major shareholder, Baunegård ApS, decided to step down as Chairman of North Media during the second half of 2025. This change will take place in connection with Ole Borch at that time taking on the role as Chairman of a new foundation, to be established and expected, in the long term, to take over the majority shareholding in North Media currently owned by Baunegård ApS, which in turn is owned by Richard Bunck. Reference is made to Company Announcement No. 2-2021, issued by North Media on 10 February 2021. North Media’s Board of Directors will now consider and subsequently announce who will become the new Chairman of the Board. Ole Borch will continue as Chairman until this transition takes effect. For further information, please contact: Chairman of the Board of Directors Ole Borch, tel. +45 2518 3555 This document is an unofficial translation of the Danish original. In the event of any inconsistencies, the Danish version shall apply. North Media develops and operates platforms for transactions that bring businesses and consumers together. These platforms help consumers find the right products, whether they are looking for groceries, rental housing or digital access management solutions. North Media has two core business areas: Last Mile: FK Distribution and SDR Svensk Direktreklam are among the leading distributors of leaflets and local newspapers in Denmark and Sweden, respectively. Digital Services: Three businesses with the potential for growth, rising earnings and scalability: BoligPortal is Denmark’s leading home rentals platform, offering services to both landlords and tenants. Dayli (MineTilbud) is a leading digital offer platform and Bekey provides digital access solutions for secured stairwells and private homes for the use of homecare services and companies delivering parcels, groceries, meal services, etc.