Share 2020-07-13 11:06 RATOS B 26.56 SEK

Ratos sells half of its holding in Lindab - exit gain approx. SEK 540m


Ratos has today sold 8 850 000 shares in Lindab International AB (publ). The sales proceeds amount to SEK 867m corresponding to SEK 98 per share with an exit gain of approximately SEK 540m. Following the sale, Ratos owns 11% of the shares in Lindab and has provided a lock-up undertaking to refrain from selling any further shares until 9 February 2011.

Ratos, together with Skandia Liv and the Sixth AP Fund, acquired Lindab in a public to private transaction from the stock exchange in 2001. Lindab was re-listed on the exchange in 2006. In conjunction with the listing Ratos sold over half of its holding and since then has had a holding of approximately 22% based on the total number of shares.

After today's sale Ratos owns 8,849,157 shares in Lindab corresponding to approximately 11% of the total number of shares.

For further information, please contact:
Arne Karlsson, CEO, +46 8 700 17 00
Emma Rheborg, Head of Corporate Communications & IR, +46 8 700 17 20