Genova announces the expiration time for the tender offer

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW.

Reference is made to Genova Property Group AB (publ)’s (the "Company” or "Genova”) announcement on 27 October 2023, according to which the Company, in connection with the contemplated transaction of new senior unsecured green bonds with an expected issue amount of SEK 500 million (the “New Green Bonds”), invited the holders of the Company’s outstanding bonds 2020/2024 with ISIN SE0014808820 (the "Outstanding Bonds”) to participate in a tender offer as further described in the tender information document dated 27 October 2023 (the “Tender Information Document”) subject to the terms and conditions set forth in the Tender Information Document (the “Tender Offer”).

In accordance with the Tender Information Document, the Company hereby announces that the Tender Offer will expire today 8 November 2023, upon book close of the book building process for the New Green Bonds, unless the Tender Offer is extended, re-opened, withdrawn or terminated at the sole and absolute discretion of the Company. The settlement of the Tender Offer is expected to occur on 16 November 2023. The Tender Offer remains conditional upon the consummation of the issue of the New Green Bonds (as defined in the Tender Information Document).

Nordea Bank Abp and Swedbank AB (publ) have been mandated as dealer managers for the tender offer. Gernandt & Danielsson Advokatbyrå KB have been mandated as legal advisor.

The tender information document is available on the following link: https://genova.se/investors/bonds/.

For further information, please contact:
CEO, Michael Moschewitz, mobile +46 (0)70-713 69 39, [email protected]

About Genova
Genova Property Group AB (publ) is a modern property company with a personal touch that owns, manages and develops properties with focus on Greater Stockholm area and Uppsala Region. On 30 September 2023, the value of the company's property portfolio amounted to approximately SEK 10.3 billion with a lettable area of approximately 370,000 sqm and the company held approximately 9,000 building rights for residential units. Genova's share has been listed on Nasdaq Stockholm since 2020.

This information is information that Genova Property Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 8 November 2023, at 11.00 CET.

Genova – Smålandsgatan 12 – SE-111 46 Stockholm – www.genova.se