{"id":39360,"date":"2020-10-13T15:16:11","date_gmt":"2020-10-13T15:16:11","guid":{"rendered":"https:\/\/setterwalls.se\/case\/setterwalls-advises-wastbygg-gruppen-ab-publ-in-connection-with-the-listing-on-nasdaq-stockholm\/"},"modified":"2022-02-14T13:44:16","modified_gmt":"2022-02-14T13:44:16","slug":"setterwalls-advises-wastbygg-gruppen-ab-publ-in-connection-with-the-listing-on-nasdaq-stockholm","status":"publish","type":"assignments","link":"https:\/\/setterwalls.se\/en\/case\/setterwalls-advises-wastbygg-gruppen-ab-publ-in-connection-with-the-listing-on-nasdaq-stockholm\/","title":{"rendered":"Setterwalls advises W\u00e4stbygg Gruppen AB (publ) in connection with the listing on Nasdaq Stockholm"},"content":{"rendered":"<p><strong>Setterwalls advises W\u00e4stbygg Gruppen AB (publ) (&#8220;W\u00e4stbygg&#8221;) in connection with the listing of W\u00e4stbygg&#8217;s class B shares on Nasdaq Stockholm. The trading in W\u00e4stbygg&#8217;s shares commenced on 13 October 2020.<\/strong><\/p>\n<p>W\u00e4stbygg is a construction and property development company that is well-established in the most expansive markets in Sweden. The Company was founded in 1981 in Bor\u00e5s and has offices in seven Swedish cities. The Company is also represented in Norway, Denmark and Finland via the group company Logistic Contractor. W\u00e4stbygg is primarily focused on the three segments Residential, Commercial (including community service properties) and Logistics and industry. W\u00e4stbygg provides construction and property development in all segments. The Logistics and industry segment consists of the group company Logistic Contractor, a leading construction and property development company in the Swedish logistics market.<\/p>\n<p>The offering in connection with the listing comprised 8,333,333 new B shares issued by W\u00e4stbygg, corresponding to approximately SEK 800 million and 1,562,500 existing B shares, which were offered by W\u00e4stbygg\u2019s CEO, and part owner, J\u00f6rgen Andersson via Fino F\u00f6rvaltning AB, corresponding to approximately SEK 150 million. In addition, the Board of Directors of W\u00e4stbygg has committed to issue a maximum of approximately SEK 143 million and a maximum of 15 percent of the number of shares in the offering as an overallotment option. Provided that the Overallotment option is exercised in full, the total value will amount to approximately SEK 1,093 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Setterwalls advises W\u00e4stbygg Gruppen AB (publ) (&#8220;W\u00e4stbygg&#8221;) in connection with the listing of W\u00e4stbygg&#8217;s class B shares on Nasdaq Stockholm. The trading in W\u00e4stbygg&#8217;s shares commenced on 13 October 2020.<\/strong><\/p>\n<p>W\u00e4stbygg is a construction and property development company that is well-established in the most expansive markets in Sweden. The Company was founded in 1981 in Bor\u00e5s and has offices in seven Swedish cities. The Company is also represented in Norway, Denmark and Finland via the group company Logistic Contractor. W\u00e4stbygg is primarily focused on the three segments Residential, Commercial (including community service properties) and Logistics and industry. W\u00e4stbygg provides construction and property development in all segments. The Logistics and industry segment consists of the group company Logistic Contractor, a leading construction and property development company in the Swedish logistics market.<\/p>\n<p>The offering in connection with the listing comprised 8,333,333 new B shares issued by W\u00e4stbygg, corresponding to approximately SEK 800 million and 1,562,500 existing B shares, which were offered by W\u00e4stbygg\u2019s CEO, and part owner, J\u00f6rgen Andersson via Fino F\u00f6rvaltning AB, corresponding to approximately SEK 150 million. In addition, the Board of Directors of W\u00e4stbygg has committed to issue a maximum of approximately SEK 143 million and a maximum of 15 percent of the number of shares in the offering as an overallotment option. Provided that the Overallotment option is exercised in full, the total value will amount to approximately SEK 1,093 million.<\/p>\n","protected":false},"author":1,"featured_media":33954,"template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":""},"class_list":["post-39360","assignments","type-assignments","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/assignments\/39360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/assignments"}],"about":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/types\/assignments"}],"author":[{"embeddable":true,"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/media\/33954"}],"wp:attachment":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/media?parent=39360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}