Balder’s issue of preference shares fully subscribed NOT

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Balder’s issue of preference shares fully subscribed

NOT TO BE DISTRIBUTED, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA,  SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE THE  DISTRIBUTION OF THIS PRESS RELEASE WOULD BE ILLEGAL The application period for Fastighets AB Balder (publ)’s (”Balder”) preference share issue has expired and the issue of approx. SEK 1,152 million has been fully subscribed. There has been considerable interest in subscription of Balder’s preference shares both from the general public in Sweden and from institutional investors. Balder’s CEO Erik Selin: ”There has been considerable interest in the preference shares from Balder’s existing shareholders, the general public in Sweden and institutional investors. We are continuously evaluating good investment opportunities and the proceeds from the preference share issue will contribute towards our growth strategy.” On 20 September 2013 Balder announced that its Board of Directors had resolved, based on the authorisation from the Annual General Meeting, to make a new issue of preference shares directed to the general public in Sweden and institutional investors. The offering comprised up to 3,500,000 preference shares at a subscription price of SEK 329 per preference share. The total proceeds from Balder’s issue amounts to approx. SEK 1,152 million, before issue costs. In the offering, approximately 2,000 investors were allocated preference shares. Settlement date is 11 October 2013 and estimated first day of trading on Nasdaq OMX Stockholm will be 18 October 2013. After the issue the total number of shares in Balder will amount to 172,396,852, of which 10,000,000 preference shares. For further information, please contact: Erik Selin, CEO, +46 70 607 4790 or Marcus Hansson, CFO, +46 76 836 9848 Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 8 October 2013 at 08.15 CET. Important information The information in this press release is not intended, directly or indirectly, to be distributed, published or made public in Australia, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa, the United States or any other jurisdiction where the distribution of this press release would be illegal. The distribution of this press release may be restricted by law in certain jurisdictions and persons who take part of this press release or other information set out herein should inform themselves of, and observe, any such restrictions. The information in this press release does not constitute an offer to sell shares or solicitation of an offer to buy shares. This press release does not constitute a prospectus under the Prospectus Directive 2003/71/EG. The information in this press release does not constitute and is not part of an offer or solicitation of an offer to buy or subscribe for securities in the United States. Securities mentioned herein have not and will not be registered in accordance with the Securities Act of 1933 (the “Securities Act”). Securities mentioned herein may not be offered or sold in the United States unless they are registered in accordance with the Securities Act or fall within an exemption in the Securities Act. There will not be any public offer in the United States regarding securities. The information in this press release may not be forwarded or distributed to any other person and may not be reproduced in any way. The forwarding, distribution, reproduction or presentation of the information herein, partly or fully, may not be permitted. Failure to comply with these instructions may be a breach of the Securities Act or applicable laws in other jurisdictions.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Promising Copper Intersections Highlight La Romana Project Growth

Updated Category News Views 334

Notable Copper Discoveries at La Romana Project Pan Global Resources Inc. (TSXV: PGZ | OTCQX: PGZFF | FRA: 2EU) has shared some promising updates from its ongoing exploration at the La Romana site. This project, part of the larger Escacena Project located in the Iberian Pyrite Belt, has revealed significant intersections within its mineralized zones. Summary of...

Continue Reading
C.H. Robinson Surpasses Q3 Predictions with Strong Performance

Updated Category News Views 75

Strong Q3 Results for C.H. Robinson Worldwide, Inc. C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) has announced impressive third-quarter results, exceeding the expectations of analysts. The logistics industry often faces numerous challenges, yet C.H. Robinson has managed to navigate through these hurdles effectively, showcasing their new operating model's strengths....

Continue Reading
NexPoint Residential Trust Declares Shareholder Dividend

Updated Category News Views 88

NexPoint Residential Trust Announces Significant Dividend NexPoint Residential Trust, Inc. (NYSE: NXRT) has recently made a noteworthy announcement regarding its quarterly dividend, which reflects the company's commitment to returning value to its shareholders. The board of directors has unanimously approved a dividend of $0.51 per share for common stockholders. This...

Continue Reading
GALLS® Strengthens Presence with New Acquisitions

Updated Category News Views 592

GALLS® Expands Its Reach Through Strategic Acquisitions GALLS®, a leading provider of uniforms and tactical gear for public safety agencies, has recently completed the acquisition of American Uniform Sales, Inc. and Howard Uniform Co. This move demonstrates GALLS's ongoing dedication to serving those who protect our communities, emphasizing their commitment to...

Continue Reading
LifeLabs Supports Women in Crisis with $10,000 Donation

Updated Category News Views 154

A Meaningful Contribution to Women in Crisis In a commendable act of support, LifeLabs, a prominent provider of medical diagnostic services in Canada, has recently made a significant contribution of $10,000 to the Guelph-Wellington Women in Crisis. This charitable organization plays a vital role in providing safety, support, and advocacy for women and gender-diverse...

Continue Reading