Rejlers Executes Targeted New Share Issue

STOCKHOLM--()--Regulatory News:

Rejlers (STO:REJL)

Today Rejlers announces that the Board of Directors, with the authorization of the Annual General Meeting from May 2nd 2013, has decided to issue a total of 900,000 new shares of Class B in Rejlers, with deviation from the shareholders' preferential rights, to funds managed by Nordea Fonder AB. The issue has been subscribed by Nordea Fonder AB.

The shares will be issued to a price of 94.50 Swedish Crowns per share, which means that the company will be provided with approximately 85 million Swedish Crowns before issue costs. The issue price gives a discount of 0.6 % compared to the volume weighted average price for Rejlers B shares during the period February 5, 2014 to February 18, 2014.

The reason for deviation from the shareholders' preferential rights is that the Board considers it to be beneficial for the company and shareholders to safeguard the possibility that, at for the company attractive terms, bring new capital and enable refinancing of prior acquisitions and future acquisitions. The Board believes all together that the targeted new share issue will help to create value for all shareholders.

“This is a good way for us to continue to develop our company. A strong financial position is a presumption for success”, says Peter Rejler, Chairman of the Board at Rejlers.

Through the new share issue the shares in Rejlers will increase by 900,000 from 11,421,721 to 12,321,721 divided on 1,251,250 shares of Class A and 11,070,471 shares of Class B. The total number of votes will increase with 900,000 from 22,682,971 votes to 23,582,971 votes. Through the new share issue the share capital increases by SEK 1.8 million to 24,643,442 SEK. The new share issues correspond approximately 7.3 per cent of the share capital and approximately 3.8 per cent of the shares in the company after the new share issue. Payment of the subscribed shares shall be made not later than February 25, 2014. The Board is entitled to decide on extension of the payment period.

Rejlers is one of the largest engineering consultants in the Nordic region. Our 1,800 experts work with projects within the areas of Building and property, Energy, Industry and Infrastructure. With us, you will meet specialist engineers with the breadth, cutting edge expertise and not least energy to create the results you want. We continue to grow rapidly and our activities are spread across 70 locations in Sweden, Finland, Norway and Russia. Rejlers has revenue of approx. SEK 1.3 billion and its B-shares are listed on the Nordic list of Nasdaq OMX.

Rejlers discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 09:05 on February 19th 2013.

This information was brought to you by Cision http://news.cision.com

Contacts

Rejlers
Peter Rejler
Chairman of the Board
+46 70-602 34 24
e-mail: peter.rejler@rejlers.se
or
Eva K Nygren
CFO
+ 46 73-412 59 60
e-mail: eva.k.nygren@rejlers.se

Sharing

Contacts

Rejlers
Peter Rejler
Chairman of the Board
+46 70-602 34 24
e-mail: peter.rejler@rejlers.se
or
Eva K Nygren
CFO
+ 46 73-412 59 60
e-mail: eva.k.nygren@rejlers.se