D. Carnegie & Co to be listed on First North Premier

D. Carnegie & Co has been approved for trading on Nasdaq First North Premier from December 11, 2014. D. Carnegie & Co will still be traded with the same short name ISIN-code and Orderbook...

D. Carnegie & Co publish the Group’s earnings capacity as per September 30, 2014

D. Carnegie & Co AB has, since the listing in April 2014, conducted a number of major property acquisitions, which has made the company the largest listed pure residential property company in Sweden. In order to give the market a clear and current picture of the company and its earnings capacity, the company hereby publishes its pro forma earnings and certain key figures as per September 30 in 2014. An audiocast will be held today at 10.00 am CET.

Invitation to an audiocast given by D. Carnegie & Co, presenting the Group’s earnings capacity as per September 30, 2014

D. Carnegie & Co AB has, since the listing in April 2014, conducted a number of major property acquisitions, which have made the company the largest listed pure residential property company in Sweden. In order to give the stock market a clear and current picture of the company and its earnings capacity, D. Carnegie & Co invites to an audiocast on October 23 at 10:00 am CET. 

D. Carnegie & Co acquires 1,900 apartments in Norrköping

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) has, through a subsidiary, entered into an agreement with Sörmlandsporten AB regarding the acquisition of a property portfolio in Norrköping.

D. Carnegie & Co insources management of its property portfolio through Graflunds

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) acquired during the summer the property portfolio of Hyresbostäder i Sverige II AB (“HBS II) and thereby became the largest listed purely residential property company in Sweden. The acquisition also included Graflunds, a very experienced and competent management organization, which will now manage all of the Group's properties.

D. Carnegie & Co presents half-year result for the property portfolio acquired from HBS II

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) has, as previously announced on 4 July 2014, acquired the property portfolio of Hyresbostäder i Sverige II AB (“HBS II”). Following the transaction D. Carnegie & Co became the largest listed residential property company in Sweden with a property portfolio valued at close to SEK 10 billion consisting of approximately 13,000 residential apartments, in and around Stockholm and the Mälardalen area. Today D. Carnegie & Co presents the result for the first half of 2014 for the acquired property portfolio.

Interim report January – June 2014

The period (January – June 2014)* Rental income amounted to SEK 86.9 m (n.a.) Net operating income amounted to SEK 37.6 m (n.a.) Profit after tax amounted to SEK 81.7 m (n.a.) Earnings per...

Amendments to lock-up agreements regarding shares in D. Carnegie & Co

In connection with the listing of D. Carnegie & Co AB’s (publ) (“D. Carnegie & Co” or the “Company”) shares on NASDAQ OMX First North, the former major shareholders entered into so called lock-up agreements with the Company and ABG Sundal Collier AB (“ABG”), in its capacity as Manager in connection with the listing. Under the lock-up agreements, the former major shareholders have undertaken, for a period of time, not to inter alia sell or pledge the shares in D. Carnegie & Co. Since a few amendments have been made to the lock-up agreements, the Company hereby announces the following information.

D. Carnegie & Co completes merger with HSB II today

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) has, as previously announced on 2 June 2014 entered into an agreement with the owners of Hyresbostäder i Sverige II AB (“HBS II”), to merge their respective property portfolios. The closing conditions have been met and D. Carnegie & Co is today pleased to announce that closing has taken place. Following the transaction D. Carnegie & Co becomes the largest listed residential property company in Sweden with a property portfolio valued at close to SEK 10 billion consisting of approximately 13,000 residential apartments, in and around Stockholm and the Mälardalen area.

Further information ahead of extraordinary general meeting in D. Carnegie & Co

In connection with the previously announced acquisition of Hyresbostäder i Sverige II AB’s (“HBS II”) property portfolio, D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the “Company”) will hold an extraordinary general meeting today. At the general meeting, the board of directors has proposed that it be authorised to adopt resolutions governing issues of securities. D. Carnegie & Co hereby provides further information in order to illustrate how the board of directors intends to use such authorisation.

D. Carnegie & Co acquires property portfolio in Sollentuna

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) has, through a subsidiary, entered into an agreement regarding the acquisition of a property portfolio in Sollentuna from Wallenstam AB (publ) (“Wallenstam”).

D. Carnegie & Co presents further information on the acquisition of HBS II’s property portfolio

D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the “Company”) has, as previously announced on 2 June 2014 entered into an agreement with the owners of Hyresbostäder i Sverige II AB (“HBS II”), to merge their respective property portfolios. D. Carnegie & Co will, after completion of the transaction, hold a residential property portfolio corresponding to approximately SEK 9,500 million and approximately 12,000 residential apartments, in and around Stockholm and the Mälardalen area. Ahead of the extraordinary general meetings of the Company and in HBS II in connection with the transaction, further information on the terms of the transaction is today being announced.

D. Carnegie & Co to become the largest listed residential property company in Sweden

D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the “Company”) has entered into an agreement with the owners of Hyresbostäder i Sverige II AB (“HBS II”), managed by Obligo Investment Management, to merge their respective property portfolios. D. Carnegie & Co will, after completion of the transaction, hold a residential property portfolio corresponding to approximately SEK 9,500 million and approximately 12,000 residential apartments, focused in and around Stockholm and the Mälardalen area. Today, the Company will announce a notice to an extraordinary general meeting in connection with the transaction.

Interim report January – March 2014

First quarter (Jan–Mars 2014)* Rental income amounted to SEK 21.2 m (n.a.) Net operating income amounted to SEK 7.5 m (n.a.) Profit after tax amounted to SEK 26.2 m (n.a.) Earnings per share...

Exercise of overallotment option in relation to B shares in D. Carnegie & Co

D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the ”Company”) hereby announces that ABG Sundal Collier Norge ASA has exercised the overallotment option, whereby 2,307,692 new B-shares, with a total subscription value of approximately MSEK 90, have been issued. 

D. Carnegie & Co and HBS II has initiated negotiations regarding a merger of their property portfolios

D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the “Company”) and Hyresbostäder i Sverige II AB (“HBS II”) has initiated negotiations regarding a merger of their respective property portfolios. HBS II is a real estate company managed by Obligo Investment Management AS. Under the assumption that a final agreement is reached, D. Carnegie & Co will, after completion of the transaction, hold a residential real estate portfolio corresponding to more than SEK 9,000 million and approximately 12,000 residential apartments, focused in and around Stockholm and the Mälardalen area.

D. Carnegie & Co’s offering of shares oversubscribed – trading on First North commences today

D. Carnegie & Co AB (publ)’s (”D. Carnegie & Co” or the ”Company”) offering of B shares directed to the general public and institutional investors in Sweden as well as selected institutional investors outside Sweden (the "Offering") has been completed. There has been a significant interest and the Offering was several times oversubscribed. The issue price has been set at SEK 39 per share. Commencing today, the Company’s B shares are traded on NASDAQ OMX First North (”First North”).

D. Carnegie & Co AB – offering of B shares and listing on First North

In order to raise capital for D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the ”Company”) to finance its investments in accordance with the Company's growth plan, the Board of Directors of D. Carnegie & Co has resolved to implement an offering of B shares in D. Carnegie & Co directed to the general public and institutional investors in Sweden as well as selected institutional investors outside Sweden (the "Offering"). Further, the Board of Directors of D. Carnegie & Co has applied for listing of the Company’s B shares on NASDAQ OMX First North (”First North”). A prospectus has been published today, on 26 March 2014. 

Per-Axel Sundström new CFO in D. Carnegie & Co

D. Carnegie & Co appoints Per-Axel Sundström as new CFO. He has extensive experience in similar management positions and took up his post on February 10, 2014.