Heimstaden publishes prospectus relating to preference share issuance
Not for release, publication or distribution, in whole or in part, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa, the United States or any other country where such publication, distribution or release would be unlawful or require additional documents to be prepared or registered or require any other actions to be taken, in addition to the requirements under Swedish law. This press release is not a prospectus or an offer for sale of securities. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Heimstaden does not intend to register any part of the offering in the United States or to conduct a public offering of the subscription rights or the shares in the United States. Other restrictions are applicable. Please see important information at the end of the press release.
Heimstaden AB (publ) (“Heimstaden”) announces that the prospectus relating to the company’s rights issue of preference shares of up to SEK 375,000,000 (by the issue of up to 11,718,750 preference shares) with preferential rights for existing holders of preference shares and the potential additional directed issue of up to SEK 750 million (by the issue of up to 23,437,500 preference shares) has been approved and registered by the Swedish Financial Supervisory Authority and is available on the company’s website, www.heimstaden.com, and will also be available at the Swedish Financial Supervisory Authority’s website, www.fi.se.
Carnegie Investment Bank AB, Nordea Bank Abp, filial i Sverige, and Swedbank AB (publ) are Joint Bookrunners in connection with the Rights Issue with Carnegie Investment Bank AB as the Sole Global Coordinator. Gernandt & Danielsson Advokatbyrå KB is legal advisor to Heimstaden. White & Case Advokat AB is legal advisor to the Joint Bookrunners.
Contact:
Arve Regland, CFO
+47 47 90 77 00
arve.regland@heimstaden.com
Adam Lindh, Head of Treasury
+46 708-83 96 74
adam.lindh@heimstaden.com
About Heimstaden
Heimstaden is a leading residential real estate company in Europe, which 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 114,000 homes with a property value of SEK 180 billion. Heimstaden’s preference share is listed on Nasdaq First North. Our head office is in Malmö. Read more at www.heimstaden.com.
Certified Adviser is Erik Penser Bank aktiebolag, +46 8-463 83 00 and certifiedadviser@penser.se.
The information was submitted, through the agency of the above contact persons, for publication on 18 May 2021 at 12.00 CEST.