SBB publishes information document regarding the share issue under the buy-back offer
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SWITZERLAND AND SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE ADDITIONAL REGISTRATION OR OTHER MEASURES. SEE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.
Samhällsbyggnadsbolaget i Norden AB (publ) (the “Company” or “SBB”) has today published an information document regarding the directed new issue of ordinary shares of Series B with payment by way of set-off which is intended to be carried out as part of the proposed buy-back offer (the “Buy-back Offer”) for all of the Company’s outstanding ordinary shares of Series D, which the Company announced on 15 September 2026. The Series D shares which are not sold in the Buy-back Offer are intended to be redeemed through a mandatory redemption (the “Redemption”). An extraordinary general meeting on 23 October 2026 will resolve on the proposed Buy-back Offer and Redemption.
The information document, which has been prepared in accordance with Article 1.4(db) and Annex IX of the EU’s Prospectus Regulation, was registered with the Swedish Financial Supervisory Authority today and is available at SBB’s website (www.sbbnorden.se).
| Indicative timetable for the Buy-back Offer and Redemption. | |
| 23 October 2026 | Extraordinary general meeting held |
| 27 October 2026 | The acceptance period for the Buy-back Offer begins |
| 10 November 2026 | The acceptance period for the Buy-back Offer closes |
| 11 November 2026 | Final outcome of the Buy-back Offer is announced and the Board of Directors resolves on a set-off issue of B shares reflecting the outcome of the Buy-back Offer |
| 16 November 2026 | Consideration under the Buy-back Offer is paid |
| 23 November 2026 | Record date for Redemption |
| 26 November 2026 | Consideration under the Redemption is paid and the D shares are deregistered from Euroclear as well as delisted from Nasdaq Stockholm |
Additional information
As previously announced, the D shares which are not sold in the Buy-back Offer are intended to be redeemed through the Redemption. More information about the Buy-back Offer, the share issue and the Redemption is presented in the information document as well as the press release regarding the Buy-back Offer which the Company announced on 15 September 2026 and the notice of the EGM which the Company announced on 29 September 2026.
Participation in the Buy-back Offer and the share issue is subject to restrictions in certain jurisdictions according to law and other regulations. The access to this press release and the information document is therefore restricted for residents of certain jurisdictions due to regulatory reasons.
Advisers
SBB has appointed DNB Carnegie Investment Bank as its financial adviser, Gernandt & Danielsson Advokatbyrå as its legal adviser and KPMG to provide a fairness opinion.
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