On 2 August 2021, Castellum announced a recommended public offer to the shareholders of Kungsleden to acquire all shares in the company. On 1 November 2021, Castellum announced that the acceptance period was extended until 9 November 2021.

Today, Castellum announces that:

# All conditions for completion of the Offer have been fulfilled. Accordingly, the Offer is declared unconditional in all respects and Castellum will complete the acquisition of the shares tendered in the Offer.

# The shares in Kungsleden tendered in the Offer at the end of the extended acceptance period, together with the shares in Kungsleden acquired by Castellum in the market, correspond to approximately 91.9 percent of the outstanding share capital and voting rights in Kungsleden.

# Castellum has decided to extend the acceptance period for the Offer up to and including 18 November 2021 to allow remaining shareholders to accept the Offer.

“With 91.9 percent of the capital and votes in Kungsleden, we strengthen our position as the leading Nordic listed commercial property company. There is a fundamentally positive view of the combined company, demonstrated by the fact that a qualifying majority has had a preference for the share consideration. We are now extending the acceptance period until November 18 to enable for those who have not yet had time to tender their shares to be a part of the continued journey,” says Rutger Arnhult, Chairman of Castellum.

Castellum has decided to complete the Offer and acquire all shares in Kungsleden that have been tendered in the Offer. Accordingly, the Offer is declared unconditional and Castellum will complete the acquisition of the shares tendered.