Feut AS sells 7.3% stake in Cityvarasto
Feut AS has sold 584,403 shares, approximately 7.3%, in Cityvarasto plc. The sale was conducted through a directed placement at EUR 13.75 per share.
Helsinki – Feut AS announced on September 8, 2026, the successful completion of a sale of 584,403 shares in Cityvarasto plc. This transaction represents approximately 7.3% of the company's total outstanding shares, excluding those held by the company itself.
The sale was executed at a price of EUR 13.75 per share. Feut AS will not receive any proceeds from this placement, as it was directed towards selected domestic and foreign institutional and other qualified investors.
Cityvarasto plc operates in the self-storage sector, providing rental storage spaces for both individuals and businesses across Finland. The company's shares are publicly traded on Nasdaq Helsinki.
The divestment significantly reduces Feut AS's ownership in Cityvarasto. The company's announcement did not specify the buyers of the shares, but indicated that the placement targeted professional investors. Cityvarasto plc continues its operations as a listed entity.