Wästbygg Gruppen publishes prospectus in connection with offering for subscription of shares and listing on Nasdaq Stockholm

https://wbgr.se/ipo/prospectus

For more information, please contact:

Jörgen Andersson, CEO and Group President
Telephone: +46 703 23 32 02
Email: jorgen.andersson@wastbygg.se

Sture Stölen, Investor Relations
Telephone: +46 723 68 65 07
Email: sture.stolen@wastbygg.se

The information was released for publication at 1920CEST on 30 September 2020.

Important information

This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by Wästbygg Gruppen AB (publ) (the “Company”) in any jurisdiction where such offer or sale would be unlawful.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Australia, Canada, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any offering in the United States or to conduct an offering of securities in the United States.

Any offering of the securities referred to in this announcement will be made by means of a prospectus which will be provided by the Company and which will contain detailed information about the Company. This announcement constitutes an advertisement and not a prospectus for the purposes of Regulation (EU) 2017/1129 (together with any applicable implementing measures in any Member State, the “Prospectus Regulation”). Investors should not invest in any securities referred to in this announcement except on the basis of information contained in the aforementioned prospectus.

In any EEA Member State other than Sweden that has implemented the Prospectus Regulation (each, a “Relevant Member State” (including, for the avoidance of doubt, the United Kingdom during the Brexit transition period)), this communication is only addressed to and is only directed at qualified investors in that Relevant Member State within the meaning of article 2(1)(e) of the Prospectus Regulation, that is, only to investors who can receive the offer without an approved prospectus in such Relevant Member State.

This communication is only being distributed to and is only directed at (a) persons who are located outside the United Kingdom, or (b) persons who are located in the United Kingdom that either (i) have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are high net worth entities or other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). This communication must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will”, “may”, "continue", “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.

In connection with the Offering, Swedbank, in its capacity as stabilisation manager (the “Stabilisation Manager“), may, to the extent permitted under Swedish law, carry out transactions in order to stabilise, maintain, or otherwise support the market price of the Company's shares for a period commencing on the first day of trading on Nasdaq Stockholm and ending no later than 30 days thereafter ("Stabilisation Period") in the Company's shares on Nasdaq Stockholm. The Stabilisation Manager may over-allot shares or effect transactions in order to maintain the market price of the shares at levels above those which might otherwise prevail in the open market. The Stabilisation Manager is, however, not required to carry out such transactions and there is no assurance that such activities will be undertaken. Under no circumstances will stabilisation transactions be carried out at a price higher than the price set in the Offer. Such transactions may be effected on any securities market, over-the-counter market or otherwise. The stabilisation transactions, if commenced, may be discontinued at any time without prior notice, but must be ended upon the expiry of the above-mentioned 30-day period. No later than by the end of the seventh trading day after stabilisation transactions have been undertaken, the Stabilisation Agent shall disclose that the stabilisation transactions have been undertaken in accordance with Article 5(4) in EU's Market Abuse Regulation 596/2014. Within one week of the end of the Stabilisation Period, the Stabilisation Manager will make public whether or not stabilisation was undertaken, the date on which stabilisation commenced, the date on which stabilisation last occurred, and the price range within which stabilisation was carried out, for each of the dates during which stabilisation transactions were carried out. The Company intends to grant the Stabilisation Manager an option to additionally acquire B shares in the Company, in a maximum amount corresponding to a 15 per cent of the total number of shares in the Offering, from the Company for a price equal to the price set in the Offering, to cover potential over-allotments made in connection with the Offering.