Business

The subscription period in Wästbygg Gruppen’s rights issue begins today

The subscription period in Wästbygg Gruppen’s rights issue begins today

Wastbygg Gruppen Ab Class BMarch 4, 20265
The subscription period in Wästbygg Gruppen’s rights issue begins today

About this update from Wastbygg Gruppen Ab Class B

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE.Today is the first day of the subscription period in Wästbygg Gruppen AB (publ)’s (“Wästbygg Group” or the “Company”) rights issue of shares of Class A and units (the “Rights Issue"), which was resolved by the board of directors on 13 January 2026 and approved by the extraordinary general meeting held on 25 February 2026.Summary of the Rights IssueThe Rights Issue comprises a maximum of 2,976,000 shares of Class A and 50,752,264 units where each unit consists of three (3) shares of Class B and one (1) warrant series TO 1. The warrants series TO 1 are issued free of charge.One (1) existing share of Class A in the Company on the record date entitles to three (3) subscription rights. One (1) subscription right entitle the holder to subscribe for one (1) share of Class A. Furthermore, one (1) existing share of Class B in the Company on the record date entitles the holder to three (3) unit rights. Three (3) unit rights entitle the holder to subscribe for one (1) unit.One (1) warrant series TO 1 entitles the holder to subscription of one (1) share of Class B in the Company during the period from and including 12 March 2029 up to and including 26 March 2029 at a subscription price of SEK 3.10.The subscription price is SEK 4.65 per unit, corresponding to SEK 1.55 per share of Class B, which, assuming that the Rights Issue is fully subscribed, results in the Company receiving proceeds of approximately SEK 241 million before deduction of issue costs. The subscription price for one share of Class A corresponds to the subscription price for one share of Class B.The Rights Issue is covered by subscription undertakings up to approximately 42 percent and by guarantee commitments up to approximately 37 percent, corresponding to a total of approximately 79 percent of the Rights Issue.The ProspectusFor complete terms and conditions as well as information about the Rights Issue, please refer to the prospectus that the Company published on 2 March 2026 (the "Prospectus"), and which is available on the Company's and Arctic Secu...

View stock analysis, news, and events for Wastbygg Gruppen Ab Class B