Platzer intends to list shares on NASDAQ OMX Stockholm

Platzer announces today its intention to launch an Initial Public Offering (“IPO”) and raise new capital in connection with this. The IPO consists of an offering of subscription for shares and a listing of the shares on NASDAQ OMX Stockholm. The company aims to raise SEK 500-600 million through offering subscription for newly issued B-shares.

An application for the shares of Platzer to be admitted for trading on NASDAQ OMX Stockholm was filed on October 24, 2013. Subject to relevant approvals from NASDAQ OMX Stockholm and to market conditions, the IPO is expected to be consummated in December 2013. The shares will be offered to institutional investors in Sweden and internationally and to the general public in Sweden.

P-G Persson, Platzer’s CEO, comments:

– The contemplated IPO is an important milestone for Platzer in our ambition to create a long-term platform to support our growth. The company becomes public and more well-known, which gives better access to the capital markets and to a broader base of Swedish and international shareholders.

– We are also pleased to announce today two acquisitions of the properties Gullbergsvass 5:26 and Tingstadsvassen 3:8 as part of our growth. These acquisitions and our decided production on the property Gårda 3:14 in Northern Gårda are good examples of how we grow through acquisitions and development of properties in prioritized locations in the Gothenburg area.

Handelsbanken Capital Markets is acting as Sole Bookrunner and Lead Manager and ABG Sundal Collier as Co-Lead Manager in the intended IPO. Catella is acting as financial advisor

Further announcements relating to the IPO will be made in due course.

Platzer Fastigheter Holding (publ)

For further information, please contact:

Per-Gunnar Persson, CEO, tel. +46 734-111222

Information on Platzer

Platzer is one of the largest and leading real estate companies within commercial properties in Gothenburg, primarily offices. The real estate portfolio consisted of 52 properties with a total leasable area of approximately 400,000 square meters as of September 30, 2013. As of September 30, 2013, the last twelve months rental income amounted to SEK 456 million, net operating income to SEK 333 million and income from property management to SEK 161 million.

The property value as of September 30, 2013 amounted to SEK 6,314 million and is divided as follows:

Important notice

This document has not been approved by any regulatory authority. This document is a press release and not a prospectus or offering circular. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities of Platzer (the “Securities”) and may not be relied on for any investment contract or decision. Investment contracts or decisions may only be made based on information in a prospectus published by the company.

The Securities will not be offered or sold or acquired in the United States, Canada, Australia or Japan or in any other jurisdictions where actions in addition to those pursuant to Swedish law are required. This press release is not for distribution or release in the United States, Canada, Australia or Japan. The Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder. No communication or information related to the Securities may be disseminated to the public in jurisdictions other than Sweden where prior registration or approval is required for that purpose. No steps have been taken or will be taken relating to the offering of Securities outside of Sweden in any jurisdiction in which such steps would be required. The purchase of Securities is subject to specific legal or regulatory restrictions in certain jurisdictions. The company assumes no responsibility in the event there is a violation by any person of such restrictions.

The company will not authorize any offer to the public of Securities in any Member State of the European Economic Area other than Sweden. With respect to each Member State of the European Economic Area other than Sweden and which has implemented the Prospectus Directive (each, a “Relevant Member State”), no action has been undertaken or will be undertaken to make an offer to the public of Securities requiring a publication of a prospectus in any Relevant Member State. As a result, the Securities comprised by the contemplated offering may only be offered in Relevant Member States:

(a)      to legal entities which are authorized or regulated to operate in the financial markets or, if not so authorized or regulated, whose corporate purpose is solely to invest in securities;

(b)     to any legal entity meeting two or more of the following criteria: (1) an average of at least 250 employees during the last financial year; (2) a total balance sheet of more than € 43 million and (3) an annual net turnover of more than € 50 million, as shown in its last annual or consolidated accounts; or

(c)      in any other circumstances, not requiring the company to publish a prospectus as provided under Article 3(2) of the Prospectus Directive.

For the purposes hereof, the expression an “offer to the public of Securities” in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the offer and the Securities to be offered so as to enable an investor to decide to purchase any Securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression “Prospectus Directive” means Directive 2003/71/EC and includes any relevant implementing measure in each Relevant Member State.

This press release may contain forward-looking information. Forward-looking information are statements reflecting the company’s current view of future events and anticipated or planned financial and operational performance. Words such as "intends", " assesses", "expects", "may", "plans", "contemplates", "estimates" or similar expressions that implies an indication or prediction regarding future development or trends, that are not based on historical facts, are forward-looking information. Forward-looking information is by nature connected with known, as well as unknown, risks and uncertainties as it depends on future events and circumstances. Forward-looking information does not imply a guarantee regarding future results or development and the actual results may materially differ from what is implied by the forward-looking information.