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Klövern's issue of preference shares fully subscribed - adds large number of new shareholders


October 1, 2012 - London

Klövern announced on 20 September 2012 that the Board of Directors had decided, by virtue of the authorization granted by the extraordinary shareholders' meeting on 14 September 2012, to carry out an issue of up to 3,700,000 preference shares at a subscription price of SEK 136 per preference share, corresponding to proceeds of up to SEK 503.2 million. The offering to subscribe for preference shares was directed towards the public in Sweden and institutional investors in Sweden and abroad.

The interest to subscribe for preference shares in Klövern has been large from both the public and from institutional investors and the offering was considerably oversubscribed. Within the offering approximately 7,000 private and institutional investors have been allotted preference shares in Klövern, whereof approximately 3,000 current shareholders and approximately 4,000 new shareholders. 

After the share issue, the total number of registered shares in Klövern will amount to 183,975,698, of which 166,544,360 common shares and 17,431,338 preference shares.

Swedbank Corporate Finance is financial adviser and MAQS Law Firm Advokatbyrå AB is legal adviser to Klövern in connection with the share issue.

Nyköping, 1 October 2012

Klövern AB (publ)
The Board of Directors

For additional information, please contact:
Rutger Arnhult, CEO, +46 72-301 53 31, rutger.arnhult@klovern.se
Britt-Marie Nyman, Finance and IR Manager, deputy CEO, +46 155-44 33 12/+46 70-224 29 35,
britt-marie.nyman@klovern.se


Klövern is a real estate company committed to working closely with customers to meet their needs of premises and services in Swedish growth regions. As at 30 June 2012 the value of the properties totalled approximately SEK 21.5 billion and the rental income on an annual basis was around SEK 2.3 billion. The Klövern shares are listed on NASDAQ OMX Stockholm Mid Cap.

 

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00, Fax +46 155-44 33 22. Corporate registration no. 556482-5833. Registered office: Nyköping. www.klovern.se. info@klovern.se.

This information is such that Klövern AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 1 October 2012.

PR Klövern's issue of preference shares fully subscribed



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Klövern AB (publ) via Thomson Reuters ONE

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