Information regarding previously communicated bonus issue of ordinary shares of Class B

Klövern’s Extraordinary General Meeting resolved on 22 October 2014 to carry out a bonus issue through which one (1) ordinary share of Class A will entitle the holder to ten (10) new ordinary shares of Class B which has one-tenth of a vote.

• Last day of trading in ordinary shares of Class A including the right to receive ordinary shares of Class B is 3 December 2014
• First day of trading in ordinary shares of Class A excluding the right to receive ordinary shares of Class B is 4 December 2014
• Record date for the bonus issue is 5 December 2014
• First day of trading in ordinary shares of Class B is 9 December 2014
• Klövern’s ordinary shares of Class B will be traded on Nasdaq Stockholm under the ticker KLOV B with ISIN SE0006425401
• Existing shareholders of ordinary shares of Class A do not need to take any actions in order to participate in the bonus issue and will automatically receive ordinary shares of Class B.

The Extraordinary General Meeting also resolved upon the introduction of a share conversion clause in the company’s Articles of Association by which holders of ordinary shares of Class A during certain specified periods of time can request ordinary shares of Class A to be converted to ordinary shares of Class B.

After the bonus issue, the total number of ordinary shares in Klövern will amount to 1,831,987,960, of which 166,544,360 ordinary shares of Class A and 1,665,443,600 ordinary shares of Class B. Ordinary shares of Class A and Class B have the same economic rights. Through the bonus issue, 1,665,443,600 ordinary shares of Class B will be issued which increase the share capital by SEK 1,665,443,600. After the bonus issue, Klövern’s share capital will amount to SEK 1,864,875,960, divided on 166,544,360 ordinary shares of Class A, 1,665,443,600 ordinary shares of class B and 32,888,000 preference shares. Total number of votes in Klövern will after the bonus issue amount to 336,377,520 votes. Holdings of preference shares will not entitle the holder to new ordinary shares of Class B.

Since the bonus issue implies a theoretical decrease of the share price per ordinary share, the Extraordinary General Meeting on 22 October 2014, resolved on a reverse share split meaning that two (2) existing shares are consolidated into one (1) share of the same share class. The Board of Directors decided that the record date of the reverse share split will be 22 December 2014. Additional information regarding the reverse share split will be announced later on.

Klövern AB (publ)

For additional information:
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult@klovern.se
Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby@klovern.se

Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of September 30, 2014, the value of the properties totaled SEK 29 billion and the rental value on an annual basis was SEK 2.9 billion. Klövern is listed on Nasdaq Stockholm. For further information, see kelly.corem.se.

Klövern AB (publ), Box 1024, 611 29 Nyköping. Phone: +46 155-44 33 00. E-mail: info@klovern.se.

This information is such that Klövern AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 2 December 2014.