ABGSC acted as sole financial advisor and bookrunner in the SEK 513m directed share issue in Sagax

On Monday 1 June, Sagax announced the successful completion of a directed issue of 18 million class D common shares at a price of SEK 28.5 per share, raising proceeds of SEK 513m. The price was determined in an accelerated book building process and corresponded to a discount of 2.5 percent in relation to the volume weighted average price over the last ten trading days. Due to strong demand, the share issue was upsized by two million shares from what was initially communicated. Through the share issue, Sagax strengthens its credit profile and improves its financial flexibility for real estate investments. This is the third consecutive year ABG Sundal Collier acts as sole financial advisor and bookrunner in a directed share issue in Sagax, raising total proceeds of around SEK 1,015m