2022-01-31

Change in the number of shares and votes in Nivika

Nivika Fastigheter AB (publ) (”Nivika” or the ”Company”) has, as a result of the exercise of the over-allotment option issued in connection with the listing of the Company's Class B shares on Nasdaq Stockholm, carried out a directed issue of Class B shares in accordance with previously published information. The new share issue has resulted in a change in the number of shares and votes in the Company.

As a result of the exercise of the over-allotment option issued in connection with the listing of the Company's Class B shares on Nasdaq Stockholm and exercised by Danske Bank A/S, Danmark, Sverige Filial on 30 December 2021, a directed issue of 1,739,335 Class B shares (the “Share Issue”) has been carried out. Registration of the Share Issue with the Swedish Companies Registration Office took place during January 2022.

Through the Share Issue, the number of shares has increased by 1,739,335 shares to in aggregate 58,170,205 shares, divided into 33,285,405 Class B shares and 24,884,800 Class A shares. Each Class B share entitles to one (1) vote and each Class A share entitles to ten (10) votes, which means that the number of votes has increased by 1,739,335 votes to in aggregate 282,133,405 votes. The Company's share capital has increased from SEK 28,215,435.00 to SEK 29,085,102.50

About Nivika

Nivika is a fast-growing property company with focus on long-term ownership, efficient new development and with an investment strategy with purpose of being flexible and adaptable towards the property market. The Company’s main objectives are owning, managing, and developing properties. The Company primarily operates in Jönköping, Värnamo and Växjö and, to an increasing extent, also in western and southern Sweden, including Helsingborg, Halmstad and Varberg. Nivika is headquartered in Värnamo and was founded in year 2000 by the Company’s current CEO respective a member of the Board of Directors, also the current principal owners^{^[1]}, spouses Niclas Bergman and Viktoria Bergman. As of 30 November 2021, Nivika owned properties valued at MSEK 8 659, of which residential- and community and social properties composed about 40 percent of the property value. The remaining property value was attributable to commercial properties with emphasis on industrial and logistics and offices. In addition, new construction and property development for own management is an important part of Nivika’s operations and as of 30 November 2021, the Company had planned projects with a total investment volume of approximately MSEK 7 100[2], which includes approximately 2000 new apartments.

Nivika’s ambition is to continue to grow while maintaining current profitability. The Company considers itself to be in a good position for continuing its expansion within its geographical area, with a focus on residential properties and community and social properties. Nivika targets residential and community and social properties to account for 60 percent of the property value by the end of 2025.

[1] Through the company Värnanäs AB.

[2] Only includes projects with a project budget of above MSEK 5.