Akelius issues class A ordinary shares for EUR 168 million
Akelius Residential Property AB has, based on the mandate given by the annual general shareholders’ meeting on 2023-04-18, carried out a share issue. 94.7 million class A ordinary shares are issued with a subscription price of EUR 1.77 per share. Akelius Residential Property AB will receive proceeds of EUR 167.7 million. The proceeds will, together with other liquid funds, be used to repurchase the following outstanding hybrid capital securityEUR 315,299,000, originally EUR 500 million,5.5-year non-call, first reset date 2023-10-05 with ISIN XS1788973573. By adding equity,