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Hemfosa Fastigheter AB confirms intention to proceed with initial public offering (IPO) and listing on NASDAQ OMX Stockholm

February 23, 2014



The Board of Directors of Hemfosa Fastigheter AB (“Hemfosa”) confirms its intention to proceed with an IPO of Hemfosa and listing on NASDAQ OMX Stockholm. Subject to receiving the relevant corporate and regulatory approvals as well as prevailing market conditions, the IPO is expected to price in March 2014. “The planned IPO is an important milestone for Hemfosa in our effort to create a long-term strong platform for future growth. A listing of Hemfosa would also provide better access to capital markets and generate a broader base of Swedish and international investors”, says Jens Engwall, CEO of Hemfosa.

The IPO will comprise new shares to be issued by Hemfosa and existing shares to be sold by a group of Swedish institutional investors. The shares are intended to be offered to institutional investors in Sweden and internationally and in a retail offering to the public in Sweden.

Hemfosa is targeting gross proceeds of approximately SEK 500-950 million depending on greenshoe exercise and the price for the issued shares. Hemfosa intends to use the net proceeds received by it for further property acquisitions. Total deal size is estimated to amount to approximately SEK 3.8 billion.

Skandinaviska Enskilda Banken (SEB) and Swedbank have been retained as Joint Global Co-ordinators and Joint Lead Bookrunners of the IPO. For further information please contact:

Bengt Kjell, COB, mobile: +46 705 94 5398

Jens Engwall, CEO, jens.engwall@hemfosa.se, mobile: +46 706 90 6550 Hemfosa Fastigheter

Hemfosa is a Swedish property company with a property portfolio characterized by a balanced geographic spread and a high proportion of community service properties with the government and municipalities as the largest tenants. This generates stable revenue flows and a healthy yield. Hemfosa also aims to create value by actively participating in the transaction market. Hemfosa owns commercial properties in Sweden with a total property value of approximately SEK 16 billion. Hemfosa is owned by institutional investors and the company’s employees.



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