On 20 January 2021, Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB” or the “Company”) announced a mandatory public offer to the shareholders in Offentliga Hus i Norden AB (publ) (“Offentliga Hus”) (the “Offer”). The acceptance period commenced on 16 March 2021 and ends on 13 April 2021. On 6 April 2021, SBB announced its intention to expedite settlement for shareholders accepting the Offer during the acceptance period.
As part of the above and pursuant to the authorization granted by the annual general meeting held on 27 April 2020, the board of SBB has resolved on a directed issue of not more than 28,339,495 Class D common shares (which constitutes the maximum number of Class D common shares that may be issued as part of the Offer provided that all remaining shareholders in Offentliga Hus elect to receive the share consideration instead of the cash consideration) at a price of SEK 30.06 per share against payment in kind (shares in Offentliga Hus). The value of the assets in kind that will be recorded in the Company’s balance sheet, as well as the subscription price, might, however, as a consequence of applicable accounting principles, change subject to conditions as at the so called transaction date. The directed issue to shareholders in Offentliga Hus may lead to the number of Class D common shares increasing to not more than 221,064,471 and the total number of shares in the Company increasing to not more than 1,550,577,542, which would entail a dilution of approximately 1.83 percent of the total shares in the Company and approximately 0.82 percent of the total votes in the Company.
 Including the Company’s 30,713 preference shares, which are subject to a redemption with a record date as of 23 April 2021 in accordance with the resolution taken on the Company’s Extraordinary General Meeting held on 23 February 2021. For additional information please refer to the press release announced on 19 March 2021.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [email protected]
The information was sent for publication, through the agency of the contact person set out above, on 8 April 2021 at 08:00 (CET).