Advokatfirman Lindahl advises as legal advisor AB Sagax (publ), listed on Nasdaq Stockholm, Large Cap, in connection with its directed issue of class D common shares through an accelerated bookbuilding procedure directed towards Swedish and international institutional investors. By the issue Sagax raises MSEK 302 before issue expenses.
The Board of Directors in Sagax has resolved to issue new class D common shares with deviation from the preferential rights for existing shareholders. The volume and subscription price of the issue has been determined through an accelerated book building process. The Board of Directors in Sagax notes great demand for the directed issue as the communicated issue volume of approximately MSEK 300 was oversubscribed by Swedish and international institutional investors shortly after the offer was announced.
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 as legal advisor with a team headed by Annika Andersson (responsible partner), Pekka Frölander, Oscar Lunde and Mimi Hörnmo (Capital Markets and Public M&A), Jesper Johansson and Karl Björlin (Banking & Finance) and Sandra Beyer (GDPR).