HANZA AB (publ) (“HANZA” or the “Company”) has, in accordance with the Company’s press release earlier today, completed an accelerated bookbuilding procedure and resolved on a directed new share issue of 3,500,000 shares at a subscription price of SEK 42.00 per share (the “Directed New Share Issue”). The subscription price for the shares in the Directed New Share Issue has been determined through an accelerated bookbuilding procedure carried out by Pareto Securities AB (“Pareto Securities” or the “Manager”). The Directed New Share Issue was substantially oversubscribed. Through the Directed New Share Issue, HANZA will receive proceeds amounting to approximately SEK 147 million before transaction related costs (of which SEK 10.5 million will be paid later and is conditioned by an approval from an extraordinary general meeting). A number of Swedish and international institutional investors, including Cicero Fonder, Fondita Fund Management Company Ltd, Lupus Alpha and Origo Fonder participated in the Directed New Share Issue. In addition, Färna Invest AB, a company owned by board member Gerald Engström, participated. Färna Invest AB was allocated 250,000 shares, conditioned by an approval from an extraordinary general meeting.
“We are proud to be able to carry out an ownership expansion to reputable international and institutional investors. The issue will enable a rapid and cost-effective expansion to meet continued high demand and gives our recently launched strategy, HANZA 2025, a flying start,” says Erik Stenfors, CEO.