Bayn Group has successfully completed a placement of 9,500,000 new shares raising proceeds of SEK 81,225,000
Bayn Group AB (publ) (the “Company” or “Bayn Group”) has, as communicated in its press release today, carried out an issue of 9,500,000 new shares directed to Swedish institutional investors (the “Transaction”). The subscription price in the Transaction is SEK 8.55 per share and has been determined through an accelerated book building procedure led by Carnegie Investment Bank AB (publ) (“Carnegie”). The Transaction was significantly oversubscribed and Bayn Group will receive gross proceeds amounting to SEK 81,225,000 through the Transaction.NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN