Heimstaden participates in directed share issue by Heimstaden Bostad AB
Heimstaden today committed to participate in a SEK 4 billion directed new share issue by Heimstaden Bostad AB. Heimstaden will subscribe for a total consideration of SEK 1.5 billion. Other participants in the share issue include existing institutional investors in Heimstaden Bostad AB; Alecta, Ericsson and Folksam Group. The issue will be completed on 12 January 2021.
The new equity will contribute to strengthen Heimstaden Bostad’s financial position and support the company’s strategy for continued operational improvement and responsible growth throughout attractive European markets.
For more information, please contact:
Patrik Hall, CEO
+46 705 85 99 56
Magnus Nordholm, Deputy CEO and Head of Partners & ECM
+46 705 29 31 44
Heimstaden is a leading residential real estate company in Europe, with a focus on acquiring, developing and managing housing and premises. Through our values Care, Dare and Share, we create value for our owners and friendly homes for our customers. Heimstaden has about 100,900 apartments and a property value of approximately SEK 139 billion. Heimstaden's preference share is listed on Nasdaq First North. The head office is located in Malmö. Certified Adviser is Erik Penser Bank aktiebolag, +46 8-463 83 00 and email@example.com. For more information, visit www.heimstaden.com
This information is such information that Heimstaden AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the agency of the above contact persons, for publication on 8 January 2021 at 17:00 CET.