New share issue in Heimstaden’s subsidiary Heimstaden Bostad

Heimstaden’s subsidiary Heimstaden Bostad AB strengthened its equity base with 5 645 million SEK through a private placement towards the owners, where Heimstaden subscribes to 2,035 million SEK, Alecta to 3,582 million SEK, Ericsson to 21 million SEK and Sandvik to 7 million SEK.

The equity is issued by a mix of ordinary- and preference shares and paid by a mix of offsetting due dividends and cash. The total cash raised amounts to 3,887 million SEK, whereof 2,785 million is paid in by external owners and 1,102 million SEK by Heimstaden.

”We are pleased to see that the shareholders wants to invest in Heimstaden Bostad. With the new equity, the company is well positioned for further growth, which is motivating for all of us", says Patrik Hall, CEO Heimstaden.

For further information, please contact:

Patrik Hall, CEO                     +46 705 85 99 56    Patrik.hall@heimstaden.com

This information is such information that Heimstaden Bostad 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 May 13, 2020 at. 16:30 CET.

Heimstaden is a leading real estate company in Europe, with a focus on acquiring, refining, developing and managing housing and premises. Through our values Care, Dare and Share, we create value for our owners and caring homes for our tenants. Heimstaden Bostad has about 97,800 apartments and a property value of approximately SEK 132 billion value. Heimstadens 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 certifiedadviser@penser.se. For more information, see www.heimstaden.com