On Monday 13 November 2023, Sagax announced the successful completion of a directed issue of 10 million common shares of class B at a price of SEK 212, raising gross proceeds of SEK 2,120 million. The share issue was completed to be able to act on attractive investment opportunities, whilst maintaining a conservative capital structure and strong liquidity position. Sagax assesses that the share issue will lead to higher profit from property management, cash flow and net asset value per share after the proceeds from the share issue have been invested. This is the fifth capital raise completed by ABG Sundal Collier in Sagax since 2018, raising gross proceeds of over SEK 5 billion. ABG Sundal Collier acted as Joint Global Coordinator and Bookrunner in the transaction.

Contact

Johan Lindén

Johan Lindén

Investment Banking

johan.linden@abgsc.se +46 8 566 286 14
Per Hagman

Per Hagman

Investment Banking

Per.Hagman@abgsc.se +46 8 566 294 77
Viggo Nylén

Viggo Nylén

Investment Banking

viggo.nylen@abgsc.se +46 8 566 286 45
Erik Skog

Erik Skog

Co-Head of ECM and Head of Investment Banking Sweden

erik.skog@abgsc.se +46 8 566 294 71
Jonathan Boklund

Jonathan Boklund

Investment Banking (ECM)

Jonathan.Boklund@abgsc.se +46 8 566 286 58
Oskar Wikberg

Oskar Wikberg

Investment Banking (ECM)

Oskar.Wikberg@abgsc.se +46 8 566 294 79
Ofelia Aspemyr

Ofelia Aspemyr

Investment Banking (ECM)

Ofelia.Aspemyr@abgsc.se +46 8 566 286 31