Carnegie acted as joint bookrunner in the combined directed new share issue of 12,000,000 new shares. Simultaneously, Carnegie acted as joint bookrunner in the placing of 6.3m Series B ordinary shares in Emilshus on behalf of NP3. The combined subscription price was SEK 32 per share, thus raising proceeds of SEK 384 million, before transaction costs, for Emilshus and additionally approximately SEK 200 million for NP3. The subscription price was determined through an accelerated book building procedure.
Emilshus believes that favorable market conditions will allow for new attractive investments this year. To maintain a flexible and balanced capital structure and to facilitate these value-creating opportunities, the company has proceeded with the share issue. Emilshus expects that the investments enabled by the share issue will result in an increased profit from property management per share.