The Board of Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB” or the “Company”) has, based on the authorization given by the annual general meeting held 29 April 2019, decided on a directed new issue of 18,181,819 shares of class B (“B-shares”) at a price of 22.00 SEK per share. This means that the Company will receive proceeds of approximately SEK 400m. Gösta Welandson has subscribed for all B-shares in the directed issue.

The subscription price has been established in advance and corresponds to the market value of the share with a premium. The subscription price of 22.00 SEK per share represents a premium of approximately 10.5 percent compared to the closing price of SEK 19.90 for the B-share on Nasdaq Stockholm on 22 October 2019, the last trading day before the directed share issue.

The Company believes that using the flexibility provided by the non-pre-emptive placing is the most appropriate way to raise capital in a time efficient manner. The Company intends to use the proceeds from the directed share issue to further support the strengthening of the balance sheet within the on-going work to reach a property portfolio of SEK 55 billion by 2021 with a BBB+ rating.

The directed share issue will result in an increase of the number of shares in SBB of 18,181,819 and an increase in the share capital by SEK 1,818,181.90. This entails an increase in the number of shares from 832,577,974 to 850,759,793 and an increase in the share capital from SEK 83,257,797.40 to SEK 85,075,979.30, corresponding to a dilution of approximately 2.14 percent of the outstanding number of shares and approximately 0.66 percent of the outstanding number of votes in the Company.

“SBB continues its efforts to create the leading Nordic player in social infrastructure through its focus on community service properties in the Nordics and rent regulated residentials in Sweden. With this directed new share issue we are strengthening SBB’s balance sheet as well as gaining a new long-term owner in the super entrepreneur Gösta Welandson. SBB continues its strong journey backed by long term entrepreneurs and as the largest owner of Kungsleden Gösta has a very good understanding of the real estate business and the values that players such as SBB are creating,” says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.

For further information, please contact: 

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, [email protected]

This is information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact person set out above, on October 23, 2019, at 08:00 CET.

About Samhällsbyggnadsbolaget i Norden AB (publ)

The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. At the beginning of 2018, SBB was named the winner of the Real Estate Company of the Year Award for 2017. The company’s series B shares (short name SBB B) and D shares (short name SBB D) are listed on Nasdaq Stockholm, Large Cap. The company’s preference shares (SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: [email protected] / +46 84638300). More information about the company is available at