Contemplated sale of existing shares in Cibus Nordic Real Estate AB (publ)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE REFER TO IMPORTANT INFORMATION AT THE END OF THE PRESS RELEASE.
Pareto Securities AB (”Pareto Securities” or the “Bookrunner”) has been retained by SFC Holding S.à.r.l. and Oy Sirius Capital Partners AB (the “Sellers”) to explore a potential sale of existing shares in Cibus Nordic Real Estate AB (publ) (“Cibus” or the “Company”). The Sellers are contemplating selling up to 3,700,000 shares in the Company, representing approximately 9.9 percent of the Company’s outstanding shares, through an accelerated bookbuilding process (the “Offering”). Prior to the Offering, SFC Holding S.à.r.l. holds 3,200,000 shares and Oy Sirius Capital Partners AB holds 500,000 shares in the Company. The Sellers may thus sell their entire shareholding in the Company.
A group of board members and persons of the management of Cibus as well as employees of Oy Sirius Capital Partners AB has expressed their interest to acquire shares in the Offering to a total value of EUR 5-6 million, including the chairman of the board of directors of Cibus, Patrick Gylling, who has expressed an interest to acquire shares in the Offering for EUR 3.5 million.
The Offering will commence immediately following the publication of this announcement and may be closed at short notice at the full discretion of the Sellers and/or the Bookrunner.
The Sellers reserve the right to sell fewer shares or no shares at all. If the Sellers decide to sell fewer shares in the Offering than their entire shareholding in the Company the Sellers will enter into a customary lock up with the Bookrunner of 90 days following the completion of the Offering.
Pareto Securities is acting as Sole Bookrunner in connection with the Offering.
Important information
This announcement is not and does not form a part of any offer for sale of securities. Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, New Zealand, Hong Kong, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any offering in the United States or to conduct a public offering of securities in the United States.
Pareto Securities is an independent full service investment bank with a leading position in the Nordic capital markets and a strong international presence within the energy sector. Pareto Securities AB offers Swedish and foreign institutions, companies and private individuals investment services related to trading in stocks, shares in SPV’s and fixed income instruments, wide coverage both within equity- and credit research. Furthermore, Pareto Securities corporate finance offers ECM, M&A and DCM services as well as arrangement and syndication of new investment projects, arrangement and syndication of sale and leaseback structures within real estate, infrastructure and shipping/offshore. Pareto Securities AB is part of the Pareto Securities group and is headquartered in Oslo, Norway, with more than 500 employees located in offices in Norway, Sweden, Denmark, Finland, United Kingdom, France, Germany, Switzerland, USA, Singapore and Australia.