Cirio advises Torslanda Property Investment in connection with a voluntary redemption of shares

Cirio has advised Torslanda Property Investment AB (publ) (“TPI”) in connection with a voluntary redemption of shares for redemption proceeds of approximately SEK 337 million.

The Board of Directors of TPI has presented a proposal of a voluntary redemption of shares. The redemption procedure was approved by an Extraordinary General Meeting held on 18 november 2021. The redemption amount is SEK 23,84 per share, which in total corresponds to no more than approximately SEK 337 million in redemption proceeds.

TPI is a Swedish real estate company that indirectly owns, manages and leases properties in Gothenburg and Stockholm. TPI is listed on Nasdaq First North Growth Market in Stockholm.

Cirio advises TPI with a team headed by Annika Andersson, together with Rebecka Tallberg and Natalie Nilsson (Capital Markets and Public M&A).

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