John Mattson acquires additional shares in EFIB and completes a non-cash issue as part payment for the acquisition of shares in EFIB
John Mattson has entered an agreement to acquire 34% of the shares in EFIB Aktiebolag (EFIB) and John Mattson’s Board of Directors has resolved to carry out a non-cash issue as part payment for the acquisition of shares in EFIB.
John Mattson announced on 24 May that it had entered into an agreement to acquire 24% of the shares in EFIB and 32% of the shares in HEFAB, with the HEFAB shares being subject to a post-transfer acquisition right. John Mattson has now acquired an additional 34% of the shares in EFIB for a purchase consideration amounting to SEK 485 million. The consideration was paid with a combination of cash and newly issued shares. As part payment for 45% of the shares in EFIB, John Mattson’s Board of Directors, with the support of the authorisation from the Annual General Meeting on 22 April 2021, resolved to conduct a non-cash issue of 1,047,277 shares at an issue price of SEK 151.43 per share.
Following the latest acquisition, John Mattson entered an agreement to acquire a total of 58% of the shares in EFIB. Possession of 45% of the shares in EFIB took place on 6 July 2021.
John Mattson has also offered to acquire the remaining shares in EFIB and HEFAB from the owners in the respective companies for a consideration corresponding to what John Mattson paid in the completed acquisition.
The number of shares in John Mattson Fastighetsföretagen AB (publ) has increased following the completed issue from 33,670,032 to 34,717,309, corresponding to a dilution of approximately 3% of the total number of shares and the total amount of votes in John Mattson.
Lidingö, Sweden, 6 July 2021
John Mattson Fastighetsföretagen AB (publ)
For further information, please contact:
Johan Ljungberg, Chairman of the Board, John Mattson
+46 (0)73-960 58 87, johan.ljungberg@tagehus.se
Siv Malmgren, CEO of John Mattson.
+46 (0)70 539 35 07, siv.malmgren@johnmattson.se
This information is information that John Mattson Fastighetsföretagen AB is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 3.00 p.m. CEST on 6 July 2021.
About John Mattson Fastighetsföretagen AB (publ)
John Mattson is a residential property owner with 2,800 rental apartments and has operations in five municipalities of Stockholm: Lidingö, Sollentuna, Stockholm, Nacka and Upplands Väsby. As of 31 March 2021, the property value was SEK 8.2 billion. The focus of the company’s strategy is on property management, refinement, densification and acquisitions. The management of John Mattson’s properties is characterised by an overall perspective and close customer relationships. The company’s goal is to create great neighbourhoods across generations. John Mattson’s shares are listed under the symbol JOMA on Nasdaq Stockholm, Mid Cap.
Read more at: johnmattson.se and corporate.johnmattson.se