Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sells 38,548,723 shares in Heba to a newly formed company with Industricentralen as a 49 percent shareholder. The price of the shares is set at SEK 36 per share, which is 14.3 percent higher than at the end of the third quarter. Industricentralen pays SEK 680m for 49 percent of the shares in the company. Under certain conditions linked to the share price development in Heba, SBB can receive an additional purchase price.
“SBB is very focused on reducing its exposure to associated companies (including TRS – total return swaps) in order to focus on wholly owned and consolidated holdings. We think it is good to own Heba together with Industricentralen and look forward to further cooperation”, says Ilija Batljan, CEO and Founder, Samhällsbyggnadsbolaget i Norden AB.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [email protected]