Brief: Annehem Fastigheter Acquires Office Property, Intends To Carry Out Rights Issue

Annehem Fastigheter AB (publ)

28/11/2023 14:06

Nov 28 (Reuters) - Annehem Fastigheter AB (publ)
 ANNEb.ST :
    * ANNEHEM FASTIGHETER ACQUIRES A NEW-BUILD OFFICE PROPERTY
IN
MALMÖ AND INTENDS TO CARRY OUT A RIGHTS ISSUE OF APPROXIMATELY
SEK 300 MILLION
    * UNDERLYING PROPERTY VALUE OF SEK 420 MILLION
    * RIGHTS ISSUE IS EXPECTED TO BE CARRIED OUT DURING Q1 OF
2024
    * RIGHTS ISSUE OF APPROXIMATELY SEK 300 MILLION, OF WHICH
APPROXIMATELY SEK 210 MILLION IS INTENDED TO BE USED TO FINANCE
ACQUISITION
    * REMAINING PART OF ISSUE PROCEEDS, AFTER COSTS RELATED TO
ISSUE,
IS INTENDED TO FINANCE VALUE-CREATING INVESTMENTS IN EXISTING
PORTFOLIO, AND TO ENABLE ATTRACTIVE INVESTMENT OPPORTUNITIES

Source text for Eikon:  ID:nBQN96ZM8y 
Further company coverage:  ANNEb.ST 

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