Notice of exercise of over-allotment option and end of stabilisation period

Danske Bank A/S, Danmark, Sverige Filial (”Danske Bank”), acting as stabilisation agent, notifies that the over-allotment option has been exercised regarding 1,739,335 Class B shares in Nivika Fastigheter AB (publ) (”Nivika” or the ”Company”). The stabilisation period has now ended and no further stabilisation measures will be carried out.

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, HONG KONG, JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE UNLAWFAUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE IMPORTANT INFORMATION AT THE END OF THIS PRESS RELEASE. 

As was announced on 3 December 2021 in connection with the Company’s issue of Class B shares (the “Offering”) and the listing on Nasdaq Stockholm (the “Listing”), Danske Bank, acting as stabilisation agent (the “Stabilisation agent”), has had the option of carrying out stabilisation measures. Danske Bank has, to the extent permitted by Swedish law, been able to perform transactions aimed at supporting, maintaining or in other ways affect the market price of the Company’s Class B shares for up to 30 days after the first day of trading with the Company’s Class B shares on Nasdaq Stockholm. The Stabilisation agent has been able to over-allot shares or conduct transactions with the purpose of upholding the market price of the Class B shares at a higher level than could otherwise have prevailed in the market. Such stabilisation transactions have been possible to carry out on all types of stock markets, the OTC market or in other ways.

Danske Bank has, however, had no obligation to undertake any stabilisation measures and there has been no assurance that stabilisation measures would be undertaken. No transactions have been carried out at a price exceeding the price in the Offering, i.e. SEK 85.50 per Class B share.

In order to cover any over-allotments in relation to the Offering the Company has, as previously announced, undertaken to issue additionally up to 1,754,385 Class B shares, corresponding to a maximum of 15 percent of the total number of shares in the Offering (the “Over-Allotment Option”). Danske Bank has been able to use the Over-Allotment Option entirely or in part within 30 calendar days after the first day of trading of the Company’s Class B shares on Nasdaq Stockholm. The Stabilisation agent now notifies that the Over-Allotment Option with respect to subscription of 1,739,335 new Class B shares has been exercised. The subscription price is SEK 85.50 for each new Class B share. Nivika will thereby be provided with additionally approximately MSEK 149 before transaction costs, which means that Nivika as a result of the Offering has been provided with in total approximately MSEK 1,149 before transaction costs. Following the registration of the new Class B shares issued pursuant to the Over-Allotment Option, the total number of shares in Nivika will amount to 58,170,205, divided into 24,884,800 Class A shares and 33,285,405 Class B shares, and the total number of votes will amount to 282,133,405[1]. All Class B shares that the Stabilisation agent has lent from an existing shareholder in order to cover over-allotment in connection with the Offering will be returned within short.

Danske Bank has, in its capacity as Stabilisation agent, notified that stabilisation measures have been undertaken, in accordance with article 5(4) in the EU Market Abuse Regulation (EU) 596/2014 and the Commissions delegated regulation (EU) 2016/1052, as specified below.

The contact person at Danske Bank is Carl-Johan Sjunnesson (phone: +44 20 7410 8000).

No stabilisation measures have been conducted following the press release on 22 December 2021.

Specified below is a summary of the stabilisation transactions which have been effected during the entire stabilisation period in accordance with this press release and the press release as of 22 December 2021. All transactions during the stabilisation period have been effected on Nasdaq Stockholm and no stabilisation transactions have been effected on other dates than those specified below.