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Wästbygg Gruppen AB (publ) resolved on a new share issue in connection with exercise of the overallotment option


Wästbygg Gruppen AB (publ) (“Wästbygg” or the ”Company”) has, in accordance with the information made public via a press release on 11 November 2020, resolved on an issue of new shares of 1,056,832 class B shares at a price of SEK 96 per class B share (the “New Share Issue”).

The New Share Issue of a total of 1,056,832 class B shares, was resolved upon with deviation from the existing shareholders’ preferential rights in accordance with the resolution by the board of directors of the Company made with reference to the authorisation given by the annual general meeting held on 23 March 2020. The New Share Issue was made in accordance with the Company’s undertaking to issue new shares in connection with exercise of the overallotment option relating to the Stabilization Period following the Offering and as described in the Prospectus approved by the Swedish Financial Supervisory Authority on the 30 September 2020.

The share price was decided to SEK 96 per class B share corresponding to the offering price in the Offering. Subsequent to the New Share Issue Wästbygg’s share capital will be SEK 3,593,351.67 and the total number of class B shares will be 31,720,165.

For more information, please contact:

Jörgen Andersson, CEO and Group President
Telephone: +46 703 23 32 02
Email: jorgen.andersson@wastbygg.se

Marie Lindebäck, Head of Investor Relations
Telephone: +46 723 467 20 12
E-post: marie.lindeback@wastbygg.se

The information was released for publication at 19:00 CET on 16 November 2020.