John Mattson’s Board of Directors has resolved to carry out a non-cash issue as part payment for the acquisition properties in Gullmarsplan. Possession of the properties will be taken on 1 February.
On 12 November 2021, John Mattson announced it had entered into an agreement to acquire properties in Gullmarsplan, Stockholm, with an underlying property value of SEK 670 million before deduction of 25% for latent tax. The acquisitions are being financed through a combination of cash and newly issued shares. As part payment of the purchase price of the shares, John Mattson’s Board of Directors, with the support of the authorisation from the Annual General Meeting on 22 April 2021, resolved to conduct a non-cash issue of 672,208 shares at an issue price of SEK 175.17 per share, corresponding to a value of SEK 117,750,675. The non-cash issue will be completed on 1 February.
The number of shares in John Mattson Fastighetsföretagen AB (publ) will increase following the completed issue from 36,364,827 to 37,037,035, corresponding to a dilution of approximately 1.8% of the total number of shares and the total amount of votes in John Mattson.
The share portion of the consideration will be covered through an additional issue of 859,930 shares, at an issue price of SEK 175.17 per share amounting to SEK 150,633,938, and is planned for April 2022. This additional issue requires a decision from the Annual General Meeting of John Mattson Fastighetsföretagen AB (publ) on 21 April 2022.
Lidingö, 1 February 2022
John Mattson Fastighetsföretagen AB (publ)
For further information, please contact:
Johan Ljungberg, Chairman of the Board, John Mattson
+46 (0)73 960 58 87, [email protected]
Per Nilsson, CEO, John Mattson
+46 (0)70 337 90 28, [email protected]
About John Mattson Fastighetsföretagen AB (publ)
John Mattson is a residential property owner with 4,300 rental apartments as well as commercial premises in five municipalities of Stockholm: Lidingö, Sollentuna, Stockholm, Nacka and Upplands Väsby. As of 30 September 2021, the property value was SEK 14.2 billion. The focus of the company’s strategy is on property management, refinement, densification and acquisitions. The management of John Mattson’s properties is characterised by an overall perspective and close customer relationships. The company’s goal is to create great neighbourhoods across generations. John Mattson’s shares are listed under the symbol JOMA on Nasdaq Stockholm, Mid Cap. Read more at: johnmattson.se and corporate.johnmattson.se.
Published on October 31 2024