The subscription price was set at SEK 66 per Class B share, representing a discount of 4.7 percent compared to the share’s closing price on Wednesday.

Among the subscribers were several Swedish and international institutional investors, including AP3 (Third Swedish National Pension Fund), AP4 (Fourth Swedish National Pension Fund), Brummer & Partners – Listed Real Estate Mandate, C WorldWide Asset Management, and Clearance Capital Limited.

A total of 16 million Class B shares were issued, one million more than originally planned, due to strong investor demand shortly after the offering was announced.

The share issue results in a dilution of approximately 5.9 percent of the total number of shares and around 4.8 percent of the voting rights.

The purpose of the issue is to enable Intea to actively pursue business opportunities in the current market while maintaining a flexible and balanced capital structure.