Brief: Cibus To Carry Out A Directed New Share Issue Of A Maximum Of 4,400,000 Shares

Cibus Nordic Real Estate AB (publ)

25/03/2022 09:18

March 25 (Reuters) - Cibus Nordic Real Estate AB  CIBUS.ST :
    * SAID ON THURSDAY INTENDS TO CARRY OUT A DIRECTED NEW SHARE
ISSUE
OF A MAXIMUM OF 4,400,000 SHARES TO SWEDISH AND INTERNATIONAL
INSTITUTIONAL, AND OTHER QUALIFIED, INVESTORS 
    * THE DIRECTED SHARE ISSUE IS CARRIED OUT AS PART OF
FINANCING OF
THE ACQUISITION OF A PROPERTY PORTFOLIO CONSISTING OF 34
PROPERTIES IN DENMARK, WITH A PROPERTY VALUE OF APPROXIMATELY
DKK 2,080 MILLION 
    * THE SUBSCRIPTION PRICE AND ALLOCATION OF SHARES IN THE
DIRECTED
SHARE ISSUE WILL BE DETERMINED THROUGH AN ACCELERATED
BOOKBUILDING PROCEDURE
    * THE NET PROCEEDS WILL BE USED TO FINANCE THE ACQUISITION
OF A
GROCERY-ANCHORED PROPERTY PORTFOLIO LOCATED IN DENMARK, WITH A
PROPERTY VALUE OF APPROXIMATELY DKK 2,080 MILLION

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN5rtgPX
 Further company coverage:  CIBUS.ST  

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