Nordika takes a stake of approximately 20% in the listed company Amasten through a directed new share issue to support its ambitious growth plan and the repositioning of the company

Nordika III Fastigheter AB (“Nordika”) invests SEK 175 million through a directed new share issue in listed residential company Amasten Fastighets AB ("Amasten") or ("the Company"). The subscription price was set to SEK 4.20 which corresponds to a discount to 31% of NAV.The new equity strengthens the Company’s financial position and creates a foundation to capitalise on growth opportunities ahead. Amasten’s new management has launched an ambitious growth plan which will be fully supported by Nordika’s investment.  "We have been following the transformation under the CEO, Jan-Erik Höjvall.