On 20 December 2021, SBB announced a mandatory public offer to the shareholders of Amasten Fastighets AB. The acceptance period for the Offer commenced on 21 December 2021 and expired 15.00 CET on 18 January 2022. Up to and including this time, acceptances corresponding to in total 6.0 percent of the shares and 5.9 percent of the votes in Amasten have been received. Acceptances made by shareholders of ordinary shares of class A and preference shares of class B after 15.00 CET on 11 January 2022 corresponds to 4.2 percent of the share capital and 4.1 percent of the votes of Amasten, and payment of consideration to these shareholders is expected to commence around 24 January 2022.

As of the date of this press release, SBB owns 701,796,170 ordinary shares of class A and 56,238 preference shares of class B. This corresponds to 93.3 percent of the share capital and 93.4 percent of the votes of Amasten. Taking into account the number of ordinary shares of class A and preference shares of class B that SBB owns and acceptances which have been received after 15.00 CET on 11 January 2022, SBB controls in total 97.5 percent of the share capital and the votes of Amasten.

To allow for the remaining shareholders to accept the Offer, SBB extends the acceptance period up to 15.00 CET on 4 February 2022. Payment of consideration to shareholders of ordinary shares of class A and preference shares of class B in Amasten having accepted the Offer within the extended acceptance period is expected to commence around 10 February 2022.

The dates set out above apply to acceptances made by directly registered shareholders. Nominee registered shareholders are requested to observe the instructions from each respective nominee. SBB will also continuously acquire shares in the market for a maximum of SEK 13.30 per ordinary share of class A and a maximum of SEK 350 per preference share of class B in Amasten for shareholders wishing to sell shares outside of the Offer.

SBB reserves the right to additionally extend the acceptance period for the Offer. Should an additional extension of the acceptance period be resolved, there will however be no delay in payment of consideration to those who have already accepted the Offer.

SBB intends to initiate a compulsory acquisition procedure under the Swedish Companies Act to acquire all shares not tendered in the Offer or acquired in the market. In addition, SBB intends to promote a de-listing of the shares of Amasten from Nasdaq Stockholm First North Premier Growth Market. 

Last week, Amasten applied for delisting its shares on the Nasdaq stock market in Sweden.