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    Ratos  858  0 Kommentare Inwido to be listed in September

    This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules 

    Not for publication, distribution or release, directly or indirectly, in or into the United States, Australia, Hong Kong, Canada or Japan.

    Inwido and Ratos have decided to go ahead with the planned IPO and diversify Inwido's ownership base through the sale of existing shares (the "Offering"). Ratos is the selling shareholder in the Offering and intends to divest in total up to 74.7% of the total number of shares in Inwido ("the Company") in connection with the listing, of which 55.0% are included in the base offering, 10.0% in a potential up-sizing of offering, and a further up to 9.7% if an over-allotment option is fully exercised. The price interval for Inwido's shares amounts to SEK 63-74 per share. The board of Directors of Inwido has applied for listing of the Company's shares on Nasdaq OMX Stockholm and the first day of trading is expected to be 26 September 2014. A prospectus is available on www.inwido.com and www.ratos.se.

    The Offering in short:

    • The Offering is directed to the general public in Sweden and institutional investors.
    • The Offering comprises 31,882,143 shares, equivalent to 55.0% of the total number of shares in the Company.
    • Ratos has reserved the right to increase the Offering and sell an additional maximum of 5,796,525 shares, corresponding to a maximum 10.0% of the total number of shares in the Company. Further, Ratos has issued an over-allotment option of up to 5,651,796 additional shares, equivalent to up to 15.0% of the total shares in the Offering (up to 9.7% of the total shares in the Company).
    • If Ratos decides to increase the Offering in full and if the over-allotment option is fully exercised, the Offering comprises a total of 43,330,464 shares, representing 74.7% of the total number of shares in the Company.
    • The price interval is SEK 63-74 per share, equivalent to a market value of all shares issued by Inwido of approximately SEK 3.7-4.3 billion. The Offering price is expected to be announced on 26 September 2014.
    • The application period of the Offering to the general public in Sweden is expected to take place between 16 September-24 September 2014.
    • The bookbuilding period for institutional investors is expected to take place between 16 September-25 September 2014.
    • A prospectus with full terms and conditions is available on www.inwido.com and on www.ratos.se as well as at Carnegie, Handelsbanken and Avanza.

    Susanna Campbell, CEO of Ratos:

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    Ratos Inwido to be listed in September This information is disclosed in accordance with the Securities Markets Act, the Financial Instruments Trading Act or demands made in the exchange rules  Not for publication, distribution or release, directly or indirectly, in or into the United …