NOT FOR RELEASE IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES.
Carnegie Investment Bank AB (”Carnegie”) and Skandinaviska Enskilda Banken AB (”SEB”) have been retained to explore the opportunity to sell shares in Byggmax Group AB ("Byggmax") (“the placing”). The shares are owned by Altor 2003 Fund ("Altor") through the company Altor 2003 Sarl.
Altor’s current holding amounts to 11,920,908 shares, representing 19.6% of the shares and votes in Byggmax.
The price per share in the placing will be determined through an accelerated bookbuilding process. The bookbuilding period commences today, 29 April 2014, at 17:35 CET and may close at any time on short notice.
Carnegie and SEB are acting as joint bookrunners in connection with the placing.