Final result of the rights issue

Kungsleden AB’s (publ) (”Kungsleden”) rights issue has been fully subscribed, thereby raising gross proceeds of approximately SEK 1,638 million before issue costs. The subscription period ended on March 24, 2017.

In total, 35,696,520ordinary shares corresponding to approximately 98.1 percent of the rights issue were subscribed for with the exercise of subscription rights. Additionally, applications for subscription without subscription rights have been received for 48,291,345 million ordinary shares, corresponding to approximately 132.7 percent of the total rights issue. Hence, the rights issue has been fully subscribed and the underwriting commitment by Gösta Welandson and companies will not be utilized.

Allotment of new ordinary shares subscribed for without subscription rights will be made according to the principles outlined in the prospectus. Such subscribers who have been allotted shares are expected to be notified around April 3, 2017. Shareholders with nominee-registered holdings will receive confirmation of the allotment in accordance with the procedure of the respective nominee. Only those who are allotted shares will be notified.

Following the rights issue, Kungsleden’s share capital will increase by SEK 15,166,895.83 to SEK 91,001,375.83. The exceeding amount of the issue proceeds after deduction of issue costs will be accounted for in the share premium reserve on the company's balance sheet and thereby increase the company’s unrestricted equity. The number of ordinary shares will increase by 36,400,550 to 218,403,302.

The last day of trading in paid subscribed shares (BTA) at Nasdaq Stockholm is expected to be April 5, 2017. The new ordinary shares are expected to start trading at Nasdaq Stockholm around April 11, 2017. The above is the final result of the rights issue and hence no additional press releases pertaining to the rights issue outcome will be published.

FINANCIAL AND LEGAL ADVISORS
ABG Sundal Collier, Kempen & Co and SEB Corporate Finance are acting as Joint Global Coordinators and Joint Bookrunners in the rights issue. Mannheimer Swartling Advokatbyrå is legal advisor to Kungsleden.

FOR MORE INFORMATION, PLEASE CONTACT:
Biljana Pehrsson, CEO of Kungsleden | +46 706 90 65 60 |

biljana.pehrsson@kungsleden.se

Anders Kvist, Deputy CEO and CFO of Kungsleden | +46 706 90 65 63 |

anders.kvist@kungsleden.se