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Regulatory News:
Hemfosa Fastigheter AB (STO:HEMF)
This constitutes information that Hemfosa Fastigheter AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was issued for publication on 27 November, 2014 at 8.30 a.m. CET.
On 20 November, 2014, Hemfosa announced an offer to subscribe for up to 3,000,000 preference shares in the company, at a subscription price of SEK 325 per preference share, with an option for the Board of Directors to increase the offer to comprise of up to 5,000,000 preference shares in total.
Due to strong demand from both institutional investors in Sweden and internationally as well as the general public in Sweden, Hemfosa’s Board of Directors has, following consultation with Swedbank, resolved to increase the offer by up to 2,000,000 additional preference shares up to 5,000,000 preference shares in total. Hereby, as a part of the offer, Hemfosa could receive total proceeds of SEK 1,625m before issue expenses.
Swedbank Corporate Finance is acting as financial advisor and Advokatfirman Cederquist as legal advisor to Hemfosa in connection to the offer.
Nacka 27 November, 2014
Hemfosa Fastigheter AB (publ)
The Board of Directors
About Hemfosa Fastigheter
Hemfosa is a Swedish property company with a property portfolio characterized by a balanced geographic spread and a high proportion of community service properties with the government and municipalities as the largest tenants. This generates stable revenue flows and a healthy yield. Hemfosa also aims to create value by actively participating in the transaction market. As of 30 September, 2014, Hemfosa owns commercial properties in Sweden with a total property value of approximately SEK 20.6 billion, including the Company’s share of the property value in joint ventures. The Company’s share is listed on the Nasdaq Stockholm Mid Cap exchange as of 21 March, 2014.
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