November 30, 2016 / 7:25 AM / 8 months ago

BRIEF-EQT says Sunstorm sells 21 mln shares in Scandic Hotels

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Nov 30 (Reuters) - EQT AB:

* EQT says Sunstorm Holding AB, controlled by EQT V Ltd and Accent Equity 2003 has sold in total 21.0 million shares in Scandic Hotels Group AB through an accelerated bookbuilding at a price of SEK 72.5 per share

* Scandic Hotels shares closed at SEK 77 per share on Tuesday

* Says as part of the Placement, Provobis, the cornerstone investor in Scandic's IPO, increased its shareholding from 8.7 pct to 10.4 pct of the total number of shares in Scandic

* Says following the Placement, Sunstorm owns 21,026,982 shares, corresponding to 20.42 pct of the total number of shares and votes, in Scandic Source text: here Further company coverage:

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