"This deal increases the opportunity for growth in Företagsparken, where we will continue to own shares worth around SEK 1 billion (EUR 91.1 million). In addition, the deal confirms Fastator's net worth of just over SEK 20 (EUR 1.82) per share. The discussions with the bond investors are now rapidly moving into the next phase," says Joachim Kuylenstierna, CEO of Fastator.

The agreement means that Fastator directly and indirectly hands over 25 million shares in the holding company Företagsparken to two existing shareholders for a total value of approximately SEK 955 million (EUR 87 million). The shares correspond to roughly 28 percent of the capital in Företagsparken. The price per share of SEK 38 (EUR 3.46) is according to the latest issue price adjusted for dividends and in accordance with book value. The sale takes place in several transactions and approximately SEK 677 million (EUR 61.7 million) of the purchase price will be paid by reverse to Fastator with a term of four years. The remaining purchase price is used exclusively to repay loans in underlying companies.

The agreements are conditional on customary approval of "change of control" and extension of Fastator's loan. The buyers set no additional financial conditions for the execution of the deal. Both buyers and sellers have committed to work for an exit from Företagsparken within two years.

After the transactions, Fastator's holdings in Företagsparken will be completely directly owned, unencumbered and amount to just over 22 million shares worth approximately SEK 850 million (EUR 77.4 million), corresponding to approximately 25 percent of the shares in Företagsparken. The ownership in Vivskä and Nordact is completely liquidated and Fastator's guarantee commitment for Nordact's loan ends.