January 17, 2018 / 10:06 AM / 4 months ago

BRIEF-Klövern Buys 7.5 Million Ordinary Shares In Tobin Properties

Jan 17 (Reuters) - KLOVERN:

* REG-KLÖVERN AB: KLÖVERN BUYS ORDINARY SHARES IN A DIRECTED SHARE ISSUE IN TOBIN PROPERTIES

* ‍BOUGHT 7 500 000 ORDINARY SHARES IN TOBIN PROPERTIES AT A PRICE OF SEK 20 PER SHARE, IN TOTAL SEK 150 MILLION.​

* ‍KLÖVERN’S HOLDING IN TOBIN AFTER DIRECTED SHARE ISSUE AMOUNTS TO AROUND 40 PER CENT OF NUMBER OF SHARES​

* ‍INTENDS TO, WITHIN FOUR WEEKS, COME BACK WITH A MANDATORY TAKE-OVER OFFER​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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