Samhällsbyggnadsbolaget i Norden has entered into an agreement with Aktiebolaget Fastator, Offentliga Nordic Property Holding SARL, CLBRM Private S.A., SICAR on behalf of its Compartment Real Assets and Nordact AB to acquire their shares in Offentliga Hus, 138 917 953 shares in total, corresponding to 54.3 percent of the shares and votes in Offentliga Hus. The shares of Offentliga Hus are listed on Nasdaq First North Premier.
The parties have agreed on a price of SEK 15.40 per share in Offentliga Hus, which shall be paid with SEK 10.78 in cash and SEK 4.62 in newly issued D-shares in SBB. In total, this corresponds to a cash consideration of SEK 1,497,535,533 and 20,703,256 newly issued D-shares in SBB, amounting to a value of SEK 641,800,943 based on a price of SEK 31 per D-share, entailing a distribution of 70 percent in cash consideration and 30 percent in newly issued D-shares in SBB. The total purchase price for all shares in the transaction amounts to SEK 2,139,336,476.
Closing of the Transaction is anticipated to occur on 23 December 2020 and will then, in accordance with the takeover rules for certain trading platforms trigger an obligation for SBB to make a public offer for the remaining shares in Offentliga Hus. The Offer shall, in accordance with the Takeover Rules, be made within four weeks from the time the Transaction has been completed and the shares in Offentliga Hus have been acquired. When the Transaction is completed, SBB will announce such completion and thereafter intends to make the Offer within the time limits stipulated in the Takeover Rules and in accordance with the provisions of the Takeover Rules.