SBB has resolved on a directed issue of Class D common shares

The Board of Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB” or the “Company”) has, based on the authorization granted by the Annual General Meeting held on 27 April 2020, resolved on a directed issue of not more than 44,197,779 new Class D common shares (“D-shares”) at a price corresponding to SEK 31 per share. Læringsverkstedet Gruppen AS (“Læringsverkstedet”) has subscribed for all D-shares in the directed issue.

The issue is carried out due to SBB’s acquisition of a portfolio of preschools from Læringsverkstedet for NOK 4,250m. The newly issued D-shares constitute part of the agreed consideration and the subscription price per share corresponds to the share’s market value.

The directed share issue may result in an increase of the number of shares in SBB by not more than 44,197,779 and an increase in the share capital by not more than SEK 4,419,777.90. This entails an increase in the number of shares from 1,395,947,250 to 1,440,145,029 and an increase in the share capital from SEK 139,594,725 to SEK 144,014,502.90, corresponding to a dilution of approximately 3.1 percent of the outstanding number of shares and approximately 1.3 percent of the outstanding number of votes in the Company.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@sbbnorden.se

The information was sent for publication, through the agency of the contact person set out above, on 31 August 2020 at 10:30 CET.

About Samhällsbyggnadsbolaget i Norden AB (publ)

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. The Company’s preference shares (ticker SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se / +46 84638300).

Subscribe

Documents & Links