THIS PRESS RELEASE MAY NOT BE ANNOUNCED, PUBLISHED OR DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE PREPARED OR REGISTERED OR REQUIRE ANY OTHER ACTIONS TO BE TAKEN, IN ADDITION TO THE REQUIREMENTS UNDER SWEDISH LAW. THIS PRESS RELEASE IS NOT A PROSPECTUS BUT AN ANNOUNCEMENT THAT A SUPPLEMENT TO PROSPECTUS HAS BEEN APPROVED AND PUBLISHED IN ACCORDANCE WITH REGULATION (EU) 2017/1129 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 14 JUNE 2017 ON THE PROSPECTUS TO BE PUBLISHED WHEN SECURITIES ARE OFFERED TO THE PUBLIC OR ADMITTED TO TRADING ON A REGULATED MARKET AND REPEALING DIRECTIVE 2003/71/EC. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THIS PRESS RELEASE.
PUBLICATION OF SUPPLEMENT TO PROSPECTUS
Logistea AB (publ) (”Logistea” or the ”Company”) announced on 18 March 2022 that the board of directors had resolved on a fully guaranteed rights issue of approximately SEK 350 million with preferential rights for existing holders of ordinary shares (the “Preferential Rights Issue”). On 23 March 2022, the Company published the prospectus regarding the Preferential Rights Issue, that had been approved and registered by the Swedish Financial Supervisory Authority (the “SFSA”) (the “Prospectus”).
On 31 March 2022, Logistea announced that the Company had acquired a warehouse and logistics property in Hylte in Småland with an underlying property value of SEK 85 million and a lettable area of approximately 22,600 sq.m. The acquisition is planned to be financed through an issue of 848,594 Class B shares in Logistea at a subscription price of SEK 33.00 per share, as well as through bank loan and cash payment. Due to the announced acquisition, Logistea has prepared a supplement to the Prospectus (the “Supplement Prospectus”). The Supplement Prospectus was approved and registered today by the SFSA.
The Swedish language Supplement Prospectus is available on the Company’s website, www.logistea.se, as well as on Swedbank’s website, www.swedbank.se/prospekt. The Supplement Prospectus will also be available at the SFSA’s website, www.fi.se, and upon request at the Company’s office address Ingmar Bergmans gata 4, SE-114 34 Stockholm.
The Supplement Prospectus shall be read in conjunction with and constitutes an integral part of the Prospectus in all respects.
RIGHT OF WITHDRAWAL
Investors who, prior to the publication of the Supplement Prospectus, have applied or otherwise agreed to subscribe for shares in the Preferential Rights Issue have the right to withdraw their application within three business days from the publication of the Supplement Prospectus, i.e. up to and including 8 April 2022. Applications which are not withdrawn within the specified time will remain binding and those who wish to keep their subscription for shares in the Preferential Rights Issue do not need to take any action.
Nominee-registered investors who wish to withdraw their subscription must contact their nominee. Directly registered investors who wish to withdraw their application must notify Swedbank in writing via e-mail to emissioner@swedbank.se. The withdrawal must be received by Swedbank no later than 8 April 2022.
FINANCIAL AND LEGAL ADVISORS
Swedbank AB (publ) is acting as financial advisor and Walthon Advokater AB is acting as legal advisor to the Company in connection with the Preferential Rights Issue.
IMPORTANT INFORMATION
In certain jurisdictions, the publication, announcement or distribution of this press release may be subject to restrictions according to law and persons in those jurisdictions where this press release has been published or distributed should inform themselves about and abide by such restrictions. The recipient of this press release is responsible for using this press release, and the information herein, in accordance with applicable rules in the respective jurisdiction.
This press release does not contain or constitute an invitation or an offer to acquire, sell, subscribe for or otherwise trade in shares, subscription rights or other securities in Logistea. Invitation to the persons concerned to subscribe for shares in Logistea will only be made through the prospectus that Logistea published on the Company’s website. This press release has not been approved by any regulatory authority and is not a prospectus. Investors should not subscribe for or purchase any securities referred to in this press release except on the basis of information provided in the published prospectus, including any supplements.
This press release is not directed to persons located in the United States (including its territories and possessions, any state of the United States and the District of Columbia), Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or in any other country where the offer or sale of the subscription rights, paid subscribed shares (Sw. betalda tecknade aktier) or new shares is not permitted. This press release may not be announced, published or distributed, directly or indirectly, in or into the United States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or any other country where such action is wholly or partially subject to legal restrictions or where such action would require additional prospectuses, other offer documentation, registrations or other actions in addition to what follows from Swedish law. The information in this press release may not be forwarded, reproduced or disclosed in such a manner that would contravene such restrictions or would require such additional prospectuses, other offer documentation, registrations or other actions. Failure to comply with this instruction may result in a violation of the United States Securities Act of 1933, as amended, (the “Securities Act”) or laws applicable in other jurisdictions. No subscription rights, paid subscribed shares or new shares have been or will be registered under the Securities Act, or with any other securities regulatory authority of any state or other jurisdiction of the United States and no subscription rights, paid subscribed shares or new shares may be offered, sold, resold, transferred, delivered or distributed, directly or indirectly, into or within the United States or on account of such persons other than pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act, and in compliance with any applicable securities laws of any state or jurisdiction of the United States. No public offering of subscription rights, paid subscribed shares or new shares is made in the United States. There is no intention to register any securities referred to herein in the United States or to make a public offering in the United States.
This press release is directed only at (i) persons who are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments falling within Article 19(2) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended from time to time (the “Order”) or (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Order or (iv) certified high net worth individuals and certified and self-certified sophisticated investors as described in Articles 48, 50, and 50A respectively of the Order or (v) persons to whom this press release may otherwise be lawfully communicated (all such persons together being referred to as relevant persons). Any investment activity to which this press release relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this press release or any of its contents.
This press release is distributed in any member state of the European Economic Area under Regulation (EU) 2017/1129 (the “Prospectus Regulation”) only to those persons who are qualified investors for the purposes of the Prospectus Regulation in such member state, and such other persons as this press release may be addressed on legal grounds, and no person that is not a relevant person or qualified investor may act or rely on this press release or any of its contents.
To the extent this press release contains forward-looking statements, such statements do not represent facts and are characterized by words such as “will”, “expect”, “believe”, “estimate”, “intend”, “anticipate” and similar expressions. Such statements express Logistea's intentions, opinions or current expectations or assumptions. Such forward-looking statements are based on current plans, estimates and forecasts that Logistea has made to the best of its ability, but which Logistea does not claim will be correct in the future. Forward-looking statements are associated with risks and uncertainties that are difficult to predict and cannot, in general, be influenced by Logistea. It should be noticed that actual events or outcomes may differ materially from those covered by, or expressed in, the forward-looking statements.
The information, opinions and forward-looking statements included in this press release speak only as of its date and are subject to change without notice