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Share 2016-09-23 17:29 RATOS B 40.16 SEK

Ratos's new issue of preference shares fully subscribed

2013-06-14

This information is published in accordance with the Swedish Securities Act, the Financial Instruments Trading Act or demands made in the exchange rules.

Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Japan, Australia or any other jurisdiction where such action would be prohibited.

The application period for Ratos's preference share issue has expired and the issue of SEK 1,452.5m has been fully subscribed.

Ratos's CEO Susanna Campbell: "There has been considerable interest in the preference shares from Ratos's existing shareholders, the general public in Sweden and institutional investors. We see good investment opportunities going forward and the positive reception for the preference share issue means we now have a flexible financing option, which we have sought in order to be able to make acquisitions at the best time from a value creation perspective."

On 27 May 2013 Ratos announced that its Board of Directors had resolved, based on the authorisation from the Annual General Meeting, to make a new issue of preference shares directed to the general public in Sweden and institutional investors. The offering comprised up to 830,000 Preference shares at a subscription price of SEK 1,750 per preference share. The total proceeds from Ratos's issue amounts to SEK 1,452.5m, before issue costs. In the offering, approximately 6,000 investors were allocated preference shares.

Settlement date is 19 June 2013 and estimated first day of trading in Ratos's preference shares (with ticker RATO PREF) on Nasdaq OMX Stockholm is 28 June 2013.

Record dates for payment of the next four dividends are 15 August 2013, 15 November 2013, 14 February 2014 and 15 May 2014 (provided the 2014 Annual General Meeting resolves to pay a dividend).

After the issue the total number of shares in Ratos will amount to 324,970,896, of which 84,637,060 Class A shares, 239,503,836 Class B shares and 830,000 preference shares.

For further information, please contact:
Susanna Campbell, CEO Ratos, +46 8 700 17 00
Emma Rheborg, Head of Corporate Communications and IR, Ratos, +46 8 700 17 20

IMPORTANT INFORMATION
The information in this press release is not an offer to acquire, subscribe or otherwise trade in shares or other securities in Ratos. Any invitation to the persons concerned to subscribe for Preference shares in Ratos is only made through the prospectus that Ratos made public and that was approved by the Swedish Financial Supervisory Authority on 28 May 2013.

This press release may not, directly or indirectly, be released or published in or distributed to or within the United States, Canada, Japan, Australia or any other jurisdiction where such action would require additional prospectuses, filings or other measures in addition to those required under Swedish law. The offer is not made to, and application forms will not be approved from, share subscribers (including shareholders), or persons acting on behalf of share subscribers, in said countries or persons in any other jurisdiction where applications for the subscription for Preference shares would contravene applicable laws or regulations, or would require additional prospectuses, filings, or other measures in addition to those required under Swedish law. Nor may the information in this press release be forwarded or reproduced in any way that would violate such restrictions or would give rise to such requirements. Measures in violation of the restrictions may constitute a breach of relevant securities legislation.

No paid subscribed shares or Class C preference share issued by Ratos ("Securities") have been registered, and will not be registered, under the United States Securities Act of 1933 (the "Securities Act") or the securities legislation of any state or other jurisdiction in the United States, and may not be offered, pledged, sold, resold, delivered or otherwise transferred, directly or indirectly, within the United States or to U.S. persons as defined in Regulation S under the Securities Act ("Regulation S"). The Securities are being offered outside the United States in reliance on Regulation S. There will not be any public offering of Securities in the United States or to U.S. persons.

This press release may contain forward-looking statements that reflect Ratos's current view of future events as well as financial and operational development. Words such as "intend", "assess", "expect", "may", "plan", "estimate" and other expressions involving indications or predictions regarding future development or trends, not based on historical facts, identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome may differ materially from forward-looking statements.