On 15 November 2019, Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) announced a recommended public offer to the shareholders of Hemfosa Fastigheter AB (publ) (“Hemfosa”) (the “Offer”). On 23 December 2019, SBB announced that it controls 87.8 percent of the shares in Hemfosa and that it extends the acceptance period. Today, SBB declares that it intends to make an additional settlement during the extended acceptance period by making an earlier settlement for shareholders accepting the Offer no later than 10 January 2020.

To allow for shareholders that accepts the Offer during the extended acceptance period to receive consideration as soon as possible, SBB today announces that it will make an additional settlement during the extended acceptance period. This additional settlement will apply to shares for which acceptances have been received no later than 10 January 2020, and is expected to commence on or around 16 January 2020.

As previously announced, the extended acceptance period runs up to and including 15 January 2020. Settlement for shares tendered during the extended acceptance period, but for which acceptances are received after 10 January 2020, is expected to commence on or around 23 January 2020.

As previously announced, elections made under the Mix & Match Facility will not be possible to cater for, due to practical reasons, with regard to acceptances received after the initial acceptance period. In practice, Hemfosa shareholders accepting the Offer under the extension, will thus receive the base case consideration in the Offer. Further, it should be noted that if the board of directors of Hemfosa, in accordance with the resolution by the general meeting, resolves on a payment of dividends on the common shares and the preference shares with a record date 10 January 2020, the cash consideration in the Offer will be reduced correspondingly. SBB may acquire additional shares in Hemfosa in the market during the extended acceptance period.

SBB reserves the right to extend the acceptance period for the Offer and to postpone the settlement date. In the event that SBB, whether in connection with the Offer or otherwise, becomes the owner of shares representing more than 90 percent of the outstanding shares in Hemfosa, SBB intends to commence a compulsory acquisition procedure under the Swedish Companies Act to acquire all remaining shares in Hemfosa. In connection therewith, SBB intends to promote a de-listing of the Hemfosa shares from Nasdaq Stockholm.

Since the Offer is now unconditional, the shareholders who have accepted the Offer, or will accept the Offer, have no right to withdraw acceptances.


For further information, please contact:

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

The information was submitted for publication, through the agency of the contact person set out above on January 8, 2020, at 15:00 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 www.sbbnorden.se.