Sale of shares in Internationella Engelska Skolan i Sverige Holdings II AB (publ)
9 June 2020
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Yesterday, the 8th of June 2020, Barbara Bergström sold approximately two million shares in Internationella Engelska Skolan i Sverige Holdings II AB (publ) (”IES” or the ”Company”), corresponding to approximately 5.1 percent of the shares in the Company, through an accelerated book building process at a price of 73.00 per share (“the Placement”).
Following the Placement, Barbara Bergström owns approximately 5.2 million shares in IES, corresponding to 12.9 percent of the total shares in the Company. A further one percent is owned by the Hans and Barbara Bergstrom Foundation, to which the majority of the Bergströms’ assets are dedicated. The purpose of the foundation is to support projects for enlightenment, education and research, based in Sweden.
The transaction is in the context of adjusting to US tax rules. “I remain strongly engaged in the future of Internationella Engelska Skolan, and I am happy to see the deep trust and belief in IES shown by renowned institutional investors. IES has just started a new period of substantial expansion of quality schools, which are much needed”, says Barbara Bergström.
ABG Sundal Collier acted as sole bookrunner in connection with the Placement.
Release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions according to law and people in those jurisdictions, in which this press release has been announced or distributed, should inform themselves of and follow such legal restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in IES in any jurisdiction.
This press release does not constitute or form part of an offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. The information in this press release may not be announced, published or distributed to the United States, Canada, Australia, South Africa, Japan, Hong Kong, Switzerland, Singapore, New Zealand or in any other jurisdiction where the announcement, publication or distribution of the information would not comply with applicable laws and regulations.