NP3 completes a directed issue of 3.1 million preference shares, raising proceeds of SEK 90 million

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This press release may not be made public, published or distributed, directly or indirectly, within or to the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa or any other jurisdiction where such action would be unlawful or subject to legal restrictions.

The Board of Directors of NP3 Fastigheter AB (publ) ("NP3" or the "Company") has, based on the authorisation granted by the Annual General Meeting on 2 May 2019, resolved on a directed issue of 3,100,000 preference shares at a price of SEK 29 per share (the “Share Issue”). The Company will thereby receive proceeds of SEK 89,900,000 before transaction costs. The price in the Share Issue has been determined through a so-called accelerated book building process led by Swedbank AB (publ) and corresponds to a discount of 5.0 percent in relation to the volume weighted average price during the last 10 trading days up to and including 8 June 2020. The Share Issue was directed to Swedish and international institutional investors. In order to facilitate the settlement of the Share Issue, the new preference shares were initially subscribed by Swedbank AB (publ) at an amount corresponding to the nominal value of the shares. In connection with payment from the investors in the Share Issue on or around 11 June 2020, the Company will receive the remaining amount, i.e. the difference between the nominal value and the price in the Share Issue. In connection with the Share Issue, the Company has undertaken towards Swedbank AB (publ), with customary exceptions, not to issue additional shares for a period of 90 calendar days after the settlement date of the Share Issue on or around 11 June 2020.

The purpose of the Share Issue is to adapt the Company's capital need to create additional financial capacity in order to be able to quickly take advantage of acquisition opportunities and thereby create shareholder value. The reason for deviating from the pre-emptive rights of existing shareholders is to diversify the shareholder base and at the same time implement the capital raising in a time- and cost-effective manner.

As a result of the Share Issue, the total number of shares in NP3 will increase from 79,188,946 shares to 82,288,946 shares divided on 54,338,946 ordinary shares and 27,950,000 preference shares. The Company's share capital increases from SEK 277,161,311 to SEK 288,011,311. The Share Issue entails a dilution of approximately 3.8 percent and 0.5 percent in relation to the total number of shares and votes in the Company, respectively, after the Share Issue. The new preference shares carry the same right to dividend as existing preference shares and will be encompassed by the dividend proposal to be addressed at NP3’s Annual General Meeting on 15 June 2020. On account thereof, an adjusted dividend proposal will be published on the company’s website,

In connection with the Share Issue, Swedbank AB (publ) in cooperation with Kepler Cheuvreux was appointed as Sole Global Coordinator and Bookrunner and Hannes Snellman Attorneys Ltd as legal advisor.

For further information, please contact:

Andreas Wahlén, CEO


Phone: +46 70 31 31 798

This information is information that NP3 Fastigheter AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 22:30 CEST, 8 June 2020.

Important information

This press release does not constitute an offer to, or an invitation to, acquire or subscribe for any securities in NP3 Fastigheter AB (publ) in any jurisdiction, neither from NP3 Fastigheter AB (publ), Swedbank AB (publ) or anyone else. Copies of this press release will not be produced and may not be distributed or sent to the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Switzerland, Singapore, South Africa or any other jurisdiction where such distribution would be illegal or require registration or other action. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction.

This press release is not a prospectus for the purposes of Regulation (EU) 2017/1129 (the “Prospectus Regulation“) and has not been approved by any regulatory authority in any jurisdiction. NP3 Fastigheter AB (publ) has not authorized any offer to the public of shares or other securities in any member state of the EEA and no prospectus has been or will be prepared in connection with the Share Issue. In any EEA Member State, this communication is only addressed to and is directed at qualified investors and corresponding investors in that Member State within the meaning of the Prospectus Regulation.

This press release and the information contained in the press release may not be distributed in or to the United States. This press release does not constitute an offer to acquire securities in the United States. Securities referred to herein have not been registered and will not be registered in accordance with the US Securities Act of 1933 (the "Securities Act"), and may not be offered or sold in the United States without being registered, subject to an exception to , or refers to a transaction that is not subject to registration under the Securities Act. No offer will be made to the public in the United States to acquire the securities mentioned here.


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