ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in the directed share issue of SEK 250m in Logistea

On Monday 25 March 2024, Logistea announced the successful completion of a directed share issue of approximately SEK 250 million. The subscription price was set at SEK 13.20, corresponding to Logistea’s NAV per share, and was determined through an accelerated book building procedure conducted by ABG Sundal Collier as Joint Global Coordinator and Joint Bookrunner.
The directed share issue was directed to selected Swedish and international institutional investors and was subscribed for by, among others, the Fourth AP Fund, Länsförsäkringar Fondförvaltning, as well as the existing shareholders Slättö, Nordika and M2 Asset Management.
Logistea intends to use the net proceeds from the share issue to finance both property acquisitions and investments in the existing property portfolio in order to create value for Logistea and its shareholders.