Cibus has carried out a private placement of shares of approximately SEK 418 million at a subscription price of SEK 156 per share. The subscription price was determined through a book-building procedure.

Cibus is a real estate company listed on Nasdaq First North Premier Growth Market in Stockholm. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The Company currently owns more than 280 properties in the Nordic. The main tenants are Kesko, Tokmanni, Coop and S-Group.

Cibus completed the private placement with the objective of securing financing to be able to capture the acquisition opportunities that the company has identified in its main markets, where the total pipeline amounts to approximately 120 million EUR.

Baker McKenzie acted as legal advisor to the financial advisors. Baker McKenzie's team consisted of Joakim Falkner, Ian Gulam and Olof Larsson from the capital markets team in Stockholm, Adam Farlow and Charles Farnsworth from the capital markets team in London as well as Paul DePasquale and Jayshree Narendran from the tax team in New York.

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