October 8, 2013 - Assignment

Rederi AB TransAtlantic carries out a rights issue

On 3 October 2013, the board of directors of TransAtlantic resolved, subject to approval by the extraordinary general meeting, on a new share issue of approximately SEK 150 million. The rights issue is fully covered through a subscription and guarantee undertaking.

TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg. The company is organized into two business areas: Industrial Shipping and Viking Supply Ships. The company has about 850 employees and the turnover in 2012 was approximately SEK 3.3 billion. The company’s B-shares are listed on NASDAQ OMX Stockholm.

TransAtlantic is being advised by Mannheimer Swartling in connection with the rights issue. The firm’s team primarily includes Johan Ljungberg, Nils Nostell, Emma Olnäs Fors, Isabel Frensborg and Emma Kratz.