Brief: Odd Molly Carries Out Rights Issue, Acquires Portfolio

Logistea AB

21/10/2020 07:08

Oct 21 (Reuters) - Odd Molly International AB  ODD.ST :
    * ODD MOLLY CARRIES OUT A FULLY GUARANTEED RIGHTS ISSUE OF
APPROX.
SEK 110 MILLION AND DIRECTED ISSUES OF APPROX. SEK 135 MILLION,
ACQUIRES A PORTFOLIO WITH A PROPERTY VALUE OF APPROX. SEK 354
MILLION
    * TO CARRY OUT A RIGHTS ISSUE TO EXISTING SHAREHOLDERS OF A
MAXIMUM OF 9,182,626 NEW CLASS A ORDINARY SHARES AT A PRICE OF
SEK 12 PER SHARE
    * IN TOTAL, ISSUES OF APPROXIMATELY SEK 245 MILLION ARE
THEREFORE
PLANNED BEFORE TRANSACTION COSTS THROUGH ISSUE OF A MAXIMUM OF
APPROXIMATELY 18,878,927 NEW CLASS A ORDINARY SHARES
    * ODD MOLLY HAS ENTERED INTO AN AGREEMENT TO ACQUIRE FOUR
LOGISTICS PROPERTIES IN BORÅS,
    * TRANSACTIONS ARE MADE THROUGH A NUMBER OF COMPANY
ACQUISITIONS.
SCHEDULED DATE OF CLOSING IS 15 DECEMBER 2020
    * ENTERED INTO AGREEMENT TO ACQUIRE PROPERTIES IN BORÅS,
MALMÖ AND
ALONG E4 IN VAGGERYD

Source text for Eikon:  ID:nWkr9xsZvT 
Further company coverage:  ODD.ST 

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