CIBUS NORDIC REAL ESTATE AB (PUBL) COMPLETES THE ACQUISITION OF 72 GROCERY
STORES IN FINLAND
Cibus Nordic Real Estate AB (publ) ("Cibus" or the
"Company") has today completed the previously announced acquisition of a
portfolio of 72 grocery stores in Finland. In connection with the completion of
the acquisition the Company has paid a part of the purchase price by way of a
directed share issue of 2,000,000 shares.
The assets are located in different
locations across Finland and have a total lettable area of approximately 42,000
sqm. In total 71 assets have been leased to Kesko and one to S Group. The
weighted average lease maturity is slightly over five years. The total
transaction value, including transaction costs, amounts to approximately EUR
71.6m.
The portfolio was acquired from AB Sagax, and as part of the
acquisition, the board of Cibus, by virtue of the authorization granted by the
annual general meeting held on 15 April 2021, and as previously announced,
resolved on a directed share issue of 2,000,000 shares, corresponding to
approximately 4.8 per cent of the shares in the Company after the share issue.
The shares have been subscribed by Sagax Finland AB. The subscription price,
which amounts to SEK 189.37 per share, corresponds to the volume-weighted
average price of the Cibus share during 30 trading days before June 14,
2021.
The directed share issue entails an increase in the number of shares in
Cibus by 2,000,000 shares, from 40,000,000 to 42,000,000, and an increase in
the share capital by EUR 20,000 from EUR 400,000 to EUR 420,000, corresponding
to a dilution of 4.8 per cent of the shares and votes in Cibus.
The new shares
entitle the holder to dividends from the next record date which follows after
the shares have been entered into the share register. The next record date
occurs on December 22, 2021. The increase in the number of shares entails that
the Companys total dividend amount, which was resolved by the annual general
meeting on April 15, 2021, increases in an amount of EUR 640,000 distributed
over the remaining four payments of dividends.
For further information, please
contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ) (+46 761
444 888)
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ) (+46 70 858
04 53)
The following documents can be retrieved from beQuoted
Cibus
Pressrelease 2021-11-30
eng.pdf-https://www.bequoted.com/beQPress/download.asp?Id=54734
Cibus is a
real estate company listed on Nasdaq Stockholm Mid Cap. The companys business
idea is to acquire, develop and manage high quality properties in the Nordics
with daily goods store chains as anchor tenants. The company currently owns
approximately 400 properties in the Nordics. The main tenants are Kesko,
Tokmanni, Coop, Lidl and S Group.
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Cibus Nordic Real Estate AB (publ)