Brief: SBB Sets Transaction Terms For Listing Of Subsidiary Sveafastigheter

Samhallsbyggnadsbolaget I Norden AB

07/10/2024 06:50

Oct 7 (Reuters) - Samhallsbyggnadsbolaget I Norden AB
 SBBb.ST :
    * SBB SETS TRANSACTION TERMS FOR THE LISTING OF THE
SUBSIDIARY
SVEAFASTIGHETER
    * WILL OFFER UP TO 88 MILLION SHARES, CORRESPONDING TO 44%
OF
TOTAL NUMBER OF SHARES IN SVEAFASTIGHETER
    * SVEAFASTIGHETER SHARES WILL BE OFFERED IN A PRICE RANGE OF
SEK
39.5 TO SEK 45.5
    * SVEAFASTIGHETER WILL CONTINUE TO BE ONE OF SBB'S CORE
HOLDINGS
    * PROCEEDS FROM SALE WILL BE USED TO STRENGTHEN SBB'S
BALANCE
SHEET AND THEREBY IMPROVE SBB'S FINANCIAL POSITION
    * INTENDED LISTING WILL BE CARRIED OUT THROUGH AN OWNERSHIP
DISTRIBUTION
    * SHAREHOLDERS IN SBB AS OF 27 SEPTEMBER 2024 WILL HAVE
PRIORITY
TO SUBSCRIBE FOR SHARES

Source text for Eikon:  ID:nWkr7NrzY3 
Further company coverage:  SBBb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))