Xtranet Gruppen i Stockholm AB (publ) (OM:XTRA) announced a private placement of 1,859,999 common shares at SEK 1 per share for gross proceeds of SEK 1,859,999 on March 4, 2014. The shares will be subscribed by Förvaltor AB and Roslagen Holding AB.

On May 8, 2014, Xtranet Gruppen i Stockholm AB (publ) closed the transaction. The company 872,692 shares for gross proceeds of SEK 872,692 to existing investor, Förvaltor AB. After the completion of the first tranche, Förvaltor AB holds 29.3% stake in the company which included 100,000 shares acquired through market.