Brief: Flat Capital Raises SEK 600 Mln Via Oversubscribed Rights Issue

Flat Capital AB (publ)

30/06/2025 07:32

June 30 (Reuters) - Flat Capital AB (publ) FLATb.ST:

SAID ON FRIDAY SEK 300 MLN RIGHTS ISSUE WITH PREFERENTIAL RIGHTS FOR EXISTING B SHAREHOLDERS WAS OVERSUBSCRIBED BY ABOUT 260%, TOTALING AROUND SEK 777 MLN  IN SUBSCRIPTION INTEREST

BOARD OF DIRECTORS HAS DECIDED TO INCREASE THE OVERALLOTMENT ISSUE FROM SEK 130 MLN TO SEK 300 MLN DUE TO STRONG INVESTOR DEMAND

COMBINED RIGHTS ISSUE AND INCREASED OVERALLOTMENT EXPECTED TO RAISE APPROXIMATELY SEK 600 MLN BEFORE COSTS

ESTIMATED ISSUE COSTS OF APPROXIMATELY SEK 7 MLN, REPRESENTING 1.2% OF TOTAL ISSUE PROCEEDS

 Source text for Workspace: nMFN9NS8z0
 Further company coverage: [FLATb.ST]

 (Gdansk Newsroom)

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