Heimstaden Bostad Raises SEK 32 billion Equity
In line with previous communication, Heimstaden Bostad has today completed a SEK 31.75 billion share issuance.
Existing shareholders, Heimstaden AB, Folksam Group, Alecta, and the Swedish Pensions Agency, as well as new investor, Försäkringsbranschens Pensionskassa (FPK), participated in the issuance.
The new equity will support the previously announced acquisition of Akelius’ properties in Germany, Sweden and Denmark and further strengthen Heimstaden Bostad’s financial position.
| Share Issue | Ownership Post Share Issue | ||||
| ParticipationSEK billion | Capital share % |
Voting share % |
|||
| Heimstaden AB | 12.17 | 44.5 | 50.1 | ||
| Alecta | 7.08 | 38.6 | 35.0 | ||
| Folksam Group | 10.75 | 13.1 | 11.5 | ||
| Swedish Pensions Agency | 1.25 | 1.5 | 1.3 | ||
| Ericsson Pension Fund | - | 1.4 | 1.3 | ||
| Sandvik Pension Fund | - | 0.5 | 0.4 | ||
| FPK | 0.5 | 0.4 | 0.3 | ||
| Heimstaden management | - | ~0.1 | ~0.1 | ||
| Total | 31.75 | 100.0 | 100.0 | ||
Contact:
Christian V. Dreyer, CCO
+47 907 24 999
christian.dreyer@heimstaden.com
Magnus Granerød, IR Manager
+47 922 38 407
ir@heimstaden.com
About Heimstaden Bostad
Heimstaden Bostad is a leading European residential real estate company that buys, develops, and manages homes. Through our values Care, Dare and Share, we create value for owners and Friendly Homes for customers. We own about 120,000 homes with a property value of SEK 199 billion. Read more at www.heimstadenbostad.com.