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Placing of shares in Coor Service Management Holding AB (“Coor”)

Uppdaterad 2016-02-26
Publicerad 2016-02-26


Today, 25 February 2016, Cinven, through the indirectly owned company Cinoor S.à r.l. (the “Shareholder”), is launching a placing of shares in Coor via an accelerated book-building process (the “Placing”). The Shareholder currently owns 33,083,842 shares, corresponding to a 34.5% stake in Coor, and aims to sell c. 17 million shares. The books for the Placing will open with immediate effect. The shares offered in the Placing will be sold in an accelerated bookbuild offering to international and Nordic institutional investors. The price of the shares will be decided by the Shareholder at the close of the book-building process. The Shareholder expects to announce the outcome of the Placing during the course of 26 February 2016 but reserves the right to close the books at any time.

Nordea Bank AB (publ) and UBS Limited are acting as Joint Bookrunners in connection with the Placing.

For more information, please contact:

Hallvarsson & Halvarsson (on behalf of Cinven Partners LLP, advisor to Cinven’s Fifth Fund)

Hallvarsson & Halvarsson

Amelie Winberg

Tel. +46 8 407 22   70   

Email. amelie.winberg@halvarsson.se

Notes to editors

About Cinven

Cinven is a leading European private equity firm focused on building world-class European companies.

Its funds invest in six key sectors: Business Services, Financial Services, Healthcare, Industrials, Consumer, and Technology, Media and Telecommunications (TMT).

Cinven funds acquire Europe-based companies that require an equity investment of €100 million or more.

Its European focus and expertise are complemented by an ability to capitalise on global growth opportunities through its Asia and US offices.

Cinven has offices in Guernsey, London, Paris, Frankfurt, Milan, Madrid, Luxembourg, Hong Kong and New York.

Cinven Capital Management (V) General Partner Limited is authorised and regulated by the Guernsey Financial Services Commission and Cinven Partners LLP, the advisor to Cinven’s Fifth Fund, is authorised and regulated by the Financial Conduct Authority.

Cinven acquires successful high quality companies and, using proven value creation strategies, works closely with these companies to help them grow.

Cinven takes a responsible approach towards its portfolio companies, their employees, suppliers, local communities, the environment and society.

In this press release ‘Cinven’ means, depending on the context, any of or collectively, Cinven Group Limited, Cinven Partners LLP, Cinven (LuxCo1) S.A., Cinven Capital Management (V) General Partner Limited and their respective Associates (as defined in the Companies Act 2006) and/or funds managed or advised by the group.

For more information, please visit www.cinven.com

Cinven’s only business is the management of private equity funds, so the issue of potential conflicts of interest in respect of corporate advisory work does not apply to the firm.

About Coor

Coor is a leading provider of integrated facility management and facility management (“FM”) services in the Nordics, offering all the FM services necessary for a company or public body to work smoothly and effectively.

Coor possesses specialist competence in workplace services (soft FM), property services (hard FM) and strategic consulting. Coor’s customer base includes large corporations and small enterprises operating in the private and public sectors. Coor assumes substantial responsibility for its actions in relation to customers, employees, suppliers, the environment and wider society.

Coor’s sales are some SEK 7,482 million (2015).

This announcement is for information purposes only and shall not constitute an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This announcement has been issued by and is the sole responsibility of Cinoor S.à r.l.

The securities referred to herein have not been registered under the US Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States other than to “qualified institutional buyers” as defined in Rule 144A under the Securities Act or in offshore transactions pursuant to Regulation S under the Securities Act. Nothing in this communication shall constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or sale would be unlawful.

In the United Kingdom, this announcement is being distributed only to and is directed at (a) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (b) high net worth entities falling within Article 49(2)(a) to (d) of the Order, and other persons to whom it may be lawfully communicated, falling within Article 49(1) of the Order (all such persons together being referred to as "relevant persons"). Any person who is not a relevant person should not act or rely on this announcement or any of its contents.


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