Vega Holdco has acquired shares previously controlled under power of attorney and intends to exercise warrants
Vega Holdco S.à r.l. ("Vega Holdco") has informed the company that Vega Holdco on 28 April 2017 acquired 1,594,333 A-shares and 2,344,801 B-shares from Kvalitena AB (publ), which Vega Holdco previously exercised the voting rights for through a power of attorney. Vega Holdco has further informed that the shares have been acquired at a price equivalent or below the price in the mandatory public offer announced by Vega Holdco on 17 October 2016. In addition, Vega Holdco has informed that it this week intends to request exercise of 1,460,000 warrants of series 2014/2017, entitling to subscription of 1,460,000 B-shares in the company.
Following the acquisition and the exercise of the warrants, Vega Holdco will hold approximately 52.0 percent of the shares and control approximately 65.1 percent of the voting rights in the company (which include votes controlled through powers of attorney).
Stockholm on 3 May 2017
D. Carnegie & Co AB (publ)
For further information, please contact
Ulf Nilsson
+46 (0)8 121 317 25
This information is information that D. Carnegie & Co AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 5.40 p.m. CEST on 3 May 2017.
About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the company's renovation method which, among other things, means that no evacuation needs to take place. In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK17,481 million on 31 March 2017. The total rental value amounted to SEK 1,390 million annually on 31 March 2017. The economic occupancy rate is high – vacancies are virtually non-existent. D. Carnegie & Co is listed on Nasdaq Stockholm.