Brief: Nivika's Announces Outcome Of Issue Of Class B Shares

Nivika Fastigheter AB (publ)

03/12/2021 07:04

Dec 3 (Reuters) - Nivika Fastigheter AB (publ)  NIVIb.ST :
    * NIVIKA'S OFFERING HEAVILY OVERSUBSCRIBED - TRADING IN THE
COMPANY'S CLASS B SHARES ON NASDAQ STOCKHOLM COMMENCES TODAY
    * OFFERING WAS HEAVILY OVERSUBSCRIBED AND WILL ADD MORE THAN
5,000
NEW SHAREHOLDERS TO COMPANY
    * TOTAL VALUE OF OFFERING, IF OVER-ALLOTMENT OPTION IS
EXERCISED
IN FULL, AMOUNTS TO APPROXIMATELY MSEK 1,150 BEFORE ISSUE COSTS
    * NET PROCEEDS WILL BE USED TO FINANCE CONTINUED GROWTH
THROUGH
ACQUISITIONS AND PROJECT DEVELOPMENT WITH NEW DEVELOPMENT OF
RESIDENTIAL AS WELL AS COMMERCIAL PROPERTIES FOR LONG-TERM OWN
OWNERSHIP AND MANAGEMENT
    * TRADING IN NIVIKA'S CLASS B SHARES ON NASDAQ STOCKHOLM
COMMENCES
TODAY ON 3 DECEMBER 2021 UNDER TRADING SYMBOL "NIVI B" AND
EXPECTED SETTLEMENT DAY IN OFFERING IS 7 DECEMBER 2021

Source text for Eikon:  ID:nWkr4V7NyW 
Further company coverage:  NIVIb.ST 

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