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The total number of shares and votes in Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has during April 2023 increased as a result of a directed share issue which was resolved by the Board of Directors on 23 March 2023 and approved by the extraordinary general meeting on 20 April 2023. The share issue was carried out in order to (i) give conditions for the Company to repurchase in full or in part the Company's bond loan and/or in another way manage the repayment of upcoming bond maturity in September 2023, (ii) reduce the Company's net debt and, as a result, the interest costs, and (iii) continue to invest in planned and value creating ESG-projects in existing properties. The directed share issue resulted in an increase of the number of shares and votes in Cibus by 8,804,348 and an increase of the share capital in Cibus by EUR 88,043.48. The number of shares and votes in Cibus therefore amounts to 57,246,140 and the share capital in Cibus amounts to EUR 572,461.40 as per 28 April 2023.
For further information, please contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate AB (publ), tel: +46 761 444 888
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate AB (publ), tel: +46 708 580 453
This disclosure contains information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act (1991:980). The information was submitted for publication, through the agency of the contact persons set out above, at the time specified by Cibus' news distributor beQuoted at the time of publication of this press release.
Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns more than 450 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop, Lidl and S Group.