Tribona AB (publ): Tribona´s rights issue oversubscribed

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News Desk 2018
Tribona AB (publ): Tribona´s rights issue oversubscribed

Lund, Sweden, 2014-05-27 08:45 CEST (GLOBE NEWSWIRE) --  

The new share issue in Tribona AB (publ) (“Tribona”) with preferential right for the company’s shareholders, for which the subscription period ended on May 22, 2014, has been fully subscribed. In total the rights issue was subscribed to 122.1 percent. Approximately 91.1 percent of the shares offered have been subscribed for with subscription rights and approximately 8.9 percent of the offered shares have been allocated to persons that have subscribed for shares without subscription rights. In total, applications for subscription of shares without subscription rights corresponding to approximately 31.0 percent of the shares offered have been received.

Allocation of shares that were subscribed for without subscription rights has been made in accordance with the principles outlined in the prospectus that has been prepared in connection with the rights issue and that was published on May 5, 2014. Notification regarding allocation of shares that have been subscribed for without subscription rights will within short be sent to those who have been allocated shares.

Through the rights issue, Tribona receives approximately SEK 292 million before deduction of transaction costs. The share capital will increase by SEK 155,702.560 from SEK 622,810.256 to SEK 778,512.816, and the number of shares will increase by 9,731,410 from 38,925,641 shares to 48,657,051 shares when the rights issue has been registered with the Swedish Companies Registration Office. Trading in new shares on NASDAQ OMX Stockholm is expected to start around June 4, 2014.

Advisors

Swedbank Corporate Finance acts as financial advisor and MAQS Avdokatbyrå Stockholm AB acts as legal advisor to Tribona in connection with the rights issue.

Lund, 27 May, 2014 Tribona AB (publ)

For further information:

Per Johansson, CEO: +46 708 17 13 63, e-mail: per.johansson@tribona.se

The information in this press release comprises such information as Tribona AB (publ) is required to publish in accordance with the Securities Market Act or the Financial Instruments Trading Act. The information was provided for publication at 08:45 am on 27 May 2014.

About Tribona Tribona is Sweden’s largest listed pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 21 in Sweden and one in Denmark, with a total lettable area of about 711 000 square meters. For more information, visit www.tribona.se .

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