The subscription period in Wästbygg Gruppen’s rights issue begins today
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE.
Today is the first day of the subscription period in Wästbygg Gruppen AB (publ)’s (“Wästbygg Group” or the “Company”) rights issue of shares of Class A and units (the “Rights Issue"), which was resolved by the board of directors on 13 January 2026 and approved by the extraordinary general meeting held on 25 February 2026.
Summary of the Rights Issue
- The Rights Issue comprises a maximum of 2,976,000 shares of Class A and 50,752,264 units where each unit consists of three (3) shares of Class B and one (1) warrant series TO 1. The warrants series TO 1 are issued free of charge.
- One (1) existing share of Class A in the Company on the record date entitles to three (3) subscription rights. One (1) subscription right entitle the holder to subscribe for one (1) share of Class A. Furthermore, one (1) existing share of Class B in the Company on the record date entitles the holder to three (3) unit rights. Three (3) unit rights entitle the holder to subscribe for one (1) unit.
- One (1) warrant series TO 1 entitles the holder to subscription of one (1) share of Class B in the Company during the period from and including 12 March 2029 up to and including 26 March 2029 at a subscription price of SEK 3.10.
- The subscription price is SEK 4.65 per unit, corresponding to SEK 1.55 per share of Class B, which, assuming that the Rights Issue is fully subscribed, results in the Company receiving proceeds of approximately SEK 241 million before deduction of issue costs. The subscription price for one share of Class A corresponds to the subscription price for one share of Class B.
- The Rights Issue is covered by subscription undertakings up to approximately 42 percent and by guarantee commitments up to approximately 37 percent, corresponding to a total of approximately 79 percent of the Rights Issue.
The Prospectus
For complete terms and conditions as well as information about the Rights Issue, please refer to the prospectus that the Company published on 2 March 2026 (the "Prospectus"), and which is available on the Company's and Arctic Securities’ respective websites (www.wbgr.se, www.arctic.com/offerings). The Prospectus is also available on the Swedish Financial Supervisory Authority's website (www.fi.se). Subscription forms will be available on the Company's and Arctic Securities’ respective websites.
Time plan for the Rights Issue
| Trading in unit rights | 4 March – 13 March 2026 |
| Subscription period | 4 March – 18 March 2026 |
| Announcement of the final outcome of the Rights Issue | 27 March 2026 |
| Trading in paid subscribed units (BTU) | 4 March – 27 March 2026 |
Advisors
Arctic Securities AS acts as Sole Bookrunner in connection with the Rights Issue and the bridge loan. Setterwalls Advokatbyrå is legal advisor to the Company in connection with the Rights Issue and Gernandt & Danielsson is legal advisor to the Sole Bookrunner.
For further information, please contact:
Patrik Mellgren, CEO, Wästbygg Gruppen AB (publ)
E-mail: patrik.mellgren@wbgr.se
Cell phone: +46 72 856 22 00
This information was submitted for publication, through the agency of the contact person set out above, on 2026-03-04 at 09.00 CET.
About Wästbygg Group
Wästbygg Group is a listed construction and development company, specialized in properties within logistics, industry, residential, commercial and community service. We are an experienced and long-term partner – built on trust.
The group comprises Logistic Contractor AB, Wästbygg AB and Rekab Entreprenad AB. The operations are conducted in the most expansive markets in Sweden and within Logistic Contractor also in the neighbouring Nordic countries. In 2025, the group had sales of SEK 4.0 billion and 350 employees.
IMPORTANT INFORMATION
The information in this press release does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares, warrants or other securities in Wästbygg Group. No action has been taken and measures will not be taken to permit a public offering in any jurisdictions other than Sweden. Any invitation to the persons concerned to subscribe for units in Wästbygg Group will only be made through the Prospectus that the Company has published on 2 March 2026. The Prospectus has been approved and registered by the Swedish Financial Supervisory Authority and has been published on the Company's website, www.wbgr.se. The approval of the Prospectus by the Swedish Financial Supervisory Authority shall not be regarded as an approval of the shares, warrants or any other securities.
This release is not a prospectus in accordance with the definition in the Prospectus Regulation (EU) 2017/1129 ("Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. This announcement does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with an investment in shares, warrants or other securities in Wästbygg Group. In order for investors to fully understand the potential risks and benefits associated with a decision to participate in the Rights Issue, any investment decision should only be made based on the information in the Prospectus. Thus, investors are encouraged to review the Prospectus in its entirety. In accordance with article 2 k of the Prospectus Regulation this press release constitutes an advertisement.
The information in this press release may not be released, distributed or published, directly or indirectly, in or into the United States of America, Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South Africa, South Korea or any other jurisdiction in which such action would be unlawful or would require registration or any other measures than those required by Swedish law. Actions in violation of these restrictions may constitute a violation of applicable securities laws. No shares, warrants or other securities in Wästbygg Group have been registered, and no shares, warrants or other securities will be registered, under the United States Securities Act of 1933, as amended (the “Securities Act”) or the securities legislation of any state or other jurisdiction in the United States of America and no shares, warrants or other securities may be offered, sold or otherwise transferred, directly or indirectly, in or into the United States of America, except under an available exemption from, or in a transaction not subject to, the registration requirements under the Securities Act and in compliance with the securities legislation in the relevant state or any other jurisdiction of the United States of America.
Within the European Economic Area (“EEA”), no public offering of shares, warrants or other securities (“Securities”) is made in other countries than Sweden. In other member states of the EU, such an offering of Securities may only be made in accordance with the Prospectus Regulation. In other member states of the EEA which have implemented the Prospectus Regulation in its national legislation, any offer of Securities may only be made in accordance with an applicable exemption in the Prospectus Regulation and/or in accordance with an applicable exemption under a relevant national implementation measure. In other member states of the EEA which have not implemented the Prospectus Regulation in its national legislation, any offer of Securities may only be made in accordance with an applicable exemption under national law.
In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “qualified investors” (within the meaning of the United Kingdom version of the EU Prospectus Regulation (2017/1129/ EU) which is part of United Kingdom law by virtue of the European Union (Withdrawal) Act 2018) who are (i) persons having professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) high net worth entities etc. falling within Article 49(2)(a) to (d) of the Order; or (iii) such other persons to whom such investment or investment activity may lawfully be made available under the Order (all such persons together being referred to as “relevant persons”). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this press release and should not act or rely on it.
This press release may contain forward-looking statements which reflect the Company’s current view on future events and financial and operational development. Words such as “intend”, “will”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or development and the actual outcome could differ materially from the forward-looking statements.
This information, opinions and forward-looking statements contained in this press release applies only as of the date hereof and may be subject to change without notice. Wästbygg Group makes no commitment to publicly update or revise any forward-looking statements, future events or similar circumstances other than as required by applicable law.
Arctic Securities is acting for Wästbygg Group in connection with the transaction and no one else, and will not be responsible to anyone other than Wästbygg Group for providing the protections afforded to its clients nor for giving advice in relation to the transaction or any other matter referred to herein.
The English text is an unofficial translation of the original Swedish text. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.
