Klövern issues 300,000 preference shares

  

The Board of Directors of Klövern has today, by virtue of the authorization granted by the annual general meeting on 17 April 2013, decided and completed a cash issue of preference shares, with departure from the shareholders' preferential rights. 300,000 preference shares were issued at a subscription price of SEK 157 per preference share, corresponding to proceeds of SEK 47.1 million.

The issue was directed to institutional investors.

After the share issue, the total number of registered shares in Klövern will amount to 185 380 698, of which 166,544,360 common shares and 18,836,338 preference shares.

ABG Sundal Collier has been financial adviser in connection with the issue, and MAQS Law Firm has been legal adviser.

For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70, rutger.arnhult@klovern.se
Lars Norrby,  IR, +46 76-777 38 00, lars.norrby@klovern.se

Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of 31 December 2013, the value of the properties totalled approximately SEK 24.1 billion and the rental value on an annual basis was around SEK 2.6 billion. Klövern is listed on Nasdaq OMX Stockholm Mid Cap. For further information, see www.klovern.se.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone: +46 155-44 33 00, fax: +46 155-44 33 22,
e-mail: 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 24 March 2014.

Klövern issues 300,000 preference shares


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klövern AB (publ) via Globenewswire
HUG#1771317