Changed number of shares in Prisma Properties AB
During June 2024, the total number of shares and votes in Prisma Properties AB (the "Company") has changed as a result of the new issue of 45,500,000 shares which was completed in connection with the offer and listing of the Company's shares on Nasdaq Stockholm on 18 June 2024, as well as the redemption of 1,200,000 subordinated shares which was carried out on 20 June 2024. The new issue of shares resulted in an increase of the number of shares and votes in the Company with in total 45,500,000, and the redemption of subordinated shares resulted in a decrease of the number of shares with 1,200,000 and votes with 12,000,000. Thereby, as of 28 June 2024, the number of shares and votes in the Company amount to 164,521,538.
For more information, please contact:
Fredrik Mässing, CEO of Prisma Properties
Telephone: +46 (0)70-277 01 48
E-mail: [email protected]
Website: www.prismaproperties.se
This information is information that Prisma Properties AB is obliged to disclose pursuant to the Financial Instruments Trading Act (1991:980). This information was submitted for publication, through the agency of the contact person set out above, at 09:00 a.m. on 28 June 2024.
About Prisma Properties
Prisma has a high-yielding and modern real estate portfolio with an average lease length of 9.1 years, of which close to 70 per cent has been developed since 2016. As of 31 March 2024, Prisma's property portfolio comprised in total 120 investment properties, with a lettable area of 268,165 square metres and a property value, including project properties, of SEK 6.4 billion. Since 2016, the underlying property portfolio has grown through project development and strategic acquisitions in the funds Alma Property Partners I and Alma Property Partners II. In connection with Alma Property Partners' formation of Prisma in 2022, the property portfolio was separated and acquired by the Company, against payment in the form of shares in Prisma. Alma Property Partners is, through the companies indirectly controlled by Alma Property Partners I and Alma Property Partners II, a principal shareholder of Prisma.
The Company expands and develops its property portfolio with a focus on profitable growth, enabled by fast decision-making, flexibility, extensive sector knowledge and financial strength. Through development and tenant adaptations, Prisma creates properties that are managed with a long-term perspective in order to create value for Prisma's owners and stakeholders.