Lindab is going ahead with its planned IPO. The price range for the offer is set at SEK 93-110 per share. Ratos intends to sell up to 51% of its shares in Lindab in conjunction with the IPO, whereof up to 45% of Ratos's holding is part of the basic offering and the remaining 6% corresponds to an over-allotment option. Based on the consolidated value of Ratos's holding as of 30 September, the capital gain from the sale is expected to be SEK 1,000 million to 1,500 million. The final capital gain will be adjusted for Ratos's share of Lindab's profit until the date of the sale and exchange differences. The consolidated book value of Ratos's remaining holding will be between SEK 470 million and SEK 525 million, depending on how many shares are sold, based on the consolidated value as of 30 September.
For further information, please contact:
Arne Karlsson, CEO Ratos, +46 8 700 17 00
Anna-Karin Celsing, Head of Corporate Communications Ratos, +46 70 399 62 39
Kjell Åkesson, CEO Lindab, +46 431 850 00