D. Carnegie & Co AB (publ) (OM:DCAR B) agreed to acquire 1,274 apartments in Stockholm from Byggmästare Anders J Ahlström Fastighets AB (publ) for SEK 1.6 billion on April 5, 2018. The purchase price of SEK 1,593 million will consist of a cash component in an amount of SEK 1,468 million and a share component valued at SEK 125 million, with an undertaking of the seller to not divest the shares within a period of 6 months from receipt. The issue of new shares is the result of a request from Byggmästare Ahlström to become a shareholder in D. Carnegie. Byggmästare Ahlström will subscribe for 1,016,000 series B-shares in D. Carnegie, representing 1.1% of the shares and 0.9% of the votes in D. Furthermore, a conditional purchase price component has been agreed upon, that, if a planned and initiated co-op conversion comprising 124 residential apartments in the area is completed by, at latest, December 31, 2018. The property reported a rental income of SEK 103 million and net operating income of SEK 59 million for the year 2017. The transaction remains conditional upon Byggmästare Ahlström’s parent company approving the transaction at its general meeting to be held on or about April 23, 2018. Autus Invest AB and Alesco SA, representing in total 45.31% of the shares and 58.68% of the votes in Byggmästare Ahlström’s parent company, have undertaken to vote in favor of the transaction at the general meeting. The transaction is furthermore conditional upon Nordic Trustee, as agent for the bond issued by Byggmästare Ahlström, irrevocably agreeing to the transaction, prior to the closing date scheduled in second quarter of 2018.