Advokatfirman Lindahl advises AB Sagax (publ), listed on Nasdaq Stockholm, Large Cap, in connection with its rights issue of class D common shares to existing shareholders of MSEK 656.
On 5 April 2018, the Board of Directors of Sagax resolved to issue new class D common shares with preferential rights for existing shareholders. The rights issue is conditional upon approval by the AGM, to be held on 7 May 2018. Shareholders representing 38 % of the votes in the company have undertaken to vote in favor for the Board’s decision. Upon full subscription in the rights issue, the company will receive approximately MSEK 656. The Board of Directors and the management of the company have undertaken to subscribe for their pro rata share of the rights issue, and have committed to subscribe for 31 % of the rights issue, corresponding to MSEK 205.
The prospectus with regard to the rights issue is expected to be made public on 14 May 2018.
Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment.
Lindahl assists Sagax with a team headed by Annika Andersson and Johan Hessius (responsible partners), Maria Arnoldsson, Pekka Frölander, Oscar Lunde and Johanna Permatz (Capital Markets and public M&A), Joel Sandin Persson and Fredrik Morfeldt (Real Estate/M&A).