NOTICE OF ANNUAL GENERAL MEETING IN Hembla AB (publ)

NOTE: This is an unofficial translation of the original notice, which is in Swedish. In case of discrepancies, the Swedish version shall prevail. The shareholders of Hembla AB (publ) reg. no...

Per Ekelund new acting CEO of Hembla

Today Hembla’s Board of Directors has appointed Per Ekelund as acting CEO of Hembla. Per Ekelund will follow Svein Erik Lilleland as CEO. Svein Erik Lilleland has decided to step down and hand over responsibility for his Management Board duties to Per Ekelund from now on. Per Ekelund is also CEO of the residential real estate company Victoria Park, a position he will continue to hold as he takes on his new role. Following the customary union co-determination, the intention is that Per Ekelund will assume the role permanently.

Delisting process initiated and changes in management team

As communicated in a separate press release earlier today, the board of Hembla AB (publ) (“Hembla”) has resolved to apply for delisting Hembla AB from Nasdaq Stockholm. As a delisted company,...

Hembla applies for delisting from Nasdaq Stockholm

The board of directors of Hembla AB (publ) (“Hembla”) has resolved to apply for delisting of the Hembla-shares from Nasdaq Stockholm. The last day of trading in the shares on Nasdaq Stockholm...

Bulletin from the extraordinary general meeting of Hembla

The following resolutions were passed at the extraordinary general meeting (the “EGM”) of Hembla AB (publ) (the “Company”) on 15 November 2019. Number of board members and election of board...

Developing our communities

Hembla AB (publ) reports for the third quarter of 2019 a profit after tax amounting to SEK 208 million compared to SEK 881 million for the third quarter of the previous year. Earnings per share after tax amounted to SEK 2.24 (9.58). The adjusted equity (EPRA NAV) increased by 17 percent compared to the third quarter 2018 and amounted to SEK 184.41 per share (158.13) at the end of the period.

Notice to extraordinary general meeting in Hembla AB (publ)

The shareholders of Hembla AB (publ), reg. no. 556498-9449, with its registered office in Stockholm, are hereby summoned to an extraordinary general meeting on 15 November 2019 at 10.00 (CET), at...

Change in number of shares and votes in Hembla

The number of shares of series B and votes in Hembla AB (publ) has changed during the month of September as a result of the exercise of 97,000 warrants, in exchange for 100,589 shares of series B,...

Delivering for our tenants

Hembla AB (publ) reports for the second quarter of 2019 an increased profit after tax amounting to SEK 428 million compared to SEK 1 672 million for the second quarter of the previous year. For the first half of 2019, profit after tax amounted to SEK 1,004 million compared with SEK 1 827 million for the corresponding period previous year. Earnings per share after tax amounted to SEK 4.64 (18.41). The adjusted equity (EPRA NAV) increased by 24 percent compared to the second quarter 2019 and amounted to SEK 181.25 per share (145.98) at the end of the period.

Change in number of shares and votes in Hembla

The number of shares of series B and votes in Hembla AB (publ) has changed during the month of June as a result of the exercise of 710,000 warrants, in exchange for 736,270 shares of series B, within...

Bulletin from the Annual General Meeting of Hembla AB

Bulletin from the Annual General Meeting of Hembla AB The following resolutions were passed at the Annual General Meeting (the “AGM”) of Hembla AB (publ) (the “Company”) on 16...

Changes to the nomination committee’s proposal regarding board composition in Hembla

The nomination committee of Hembla AB (publ) has resolved to amend its proposal for the annual general meeting 2019. The nomination committee now proposed that the board of directors shall be increased by one additional board member, Patrick Forslund, and, thus, that the number of members of the board shall be six instead of five. No other changes are made to the nomination committee’s proposal, as published on 12 April 2019 in the notice for the annual general meeting of Hembla.

Collaboration is our strategy

Hembla AB (publ) reports for the first quarter of 2019 an increased profit after tax amounting to SEK 576 million compared to SEK 156 million for the first quarter of the previous year. Earnings per share after tax amounted to SEK 6.26 (1.98). The adjusted equity (EPRA NAV) increased by 40 percent compared to the first quarter 2018 and amounted to SEK 175.29 per share (125.35) as of 31 March 2019.

Notice of annual general meeting of Hembla AB (publ)

N.B. This is an in-house translation. The shareholders of Hembla AB (publ), reg. no. 556498-9449, are hereby summoned to the annual general meeting on Thursday 16 May 2019 at 2.00 p.m. at...

Improving our service

Hembla AB (publ) reports for the fourth quarter of 2018 an increased profit after tax amounting to SEK 598 million compared to SEK 350 million for the fourth quarter of the previous year. For the full year 2018, profit after tax amounted to SEK 3,308 million compared with SEK 1,579 million corresponding period previous year. Earnings per share after tax were SEK 37.31 (20.34). The adjusted equity (EPRA NAV) increased by 30 percent compared to the fourth quarter 2017 and amounted to SEK 166.88 per share (127.90) as of 31 December 2018.

Hembla announces management team change

The company has decided to appoint Jonatan Öhman as acting head of communications. The current head of communications, Björn Sundberg, has been appointed to a new role as Senior Director Public Affairs.

D. Carnegie & Co AB changes name to Hembla AB

The name change will take place on the 31 October 2018 and is intended to clarify the Company’s orientation.  Through the new name the company wants to emphasize the core of its business model –...

Tenants first

D. Carnegie & Co AB (publ) reports for the third quarter of 2018 an increased profit after tax amounting to SEK 881 million compared to SEK 525 million for the third quarter of the previous year. For the first nine months of the year, profit after tax amounted to SEK 2,709 million compared with SEK 1,229 million corresponding period previous year.

Today, D. Carnegie & Co AB’s extraordinary general meeting has resolved to change the company’s trade name to Hembla AB

On 13 September 2018 D. Carnegie & Co AB (publ) announced that the company has resolved to change its name to Hembla AB (publ) in order to clarify the company’s orientation. Today, the extraordinary general meeting resolved to change the company’s trade name to Hembla AB (publ), in accordance with the board of directors’ proposal.

Change in number of shares and votes in D. Carnegie & Co

The number of shares of series B and votes in D. Carnegie & Co has changed as a result of the exercise of 97,000 warrants within the company’s 2015 incentive program. As of the last trading...

D. Carnegie & Co changes name to Hembla

Today, 13 September 2018, D. Carnegie & Co has convened an extraordinary general meeting in order to change its trade name from D. Carnegie AB (publ) to Hembla AB (publ). Through the proposed name change, the company wants to further emphasize the core of its business model . The name is intended to clarify the company’s orientation and Hembla associates to something that is central in most people’s lives.

Tenants remain our top priority

D. Carnegie & Co AB (publ) reports for the second quarter of 2018 an increased profit after tax amounting to SEK 1,672 million compared to SEK 475 million for the second quarter of the previous year. For the first half year, profit after tax for January-June amounted to SEK 1,827 million compared with SEK 704 million corresponding period previous year. Earnings per share after tax were SEK 21.45 (9.10). The adjusted equity (EPRA NAV) increased 29 percent compared to the second quarter 2017 and amounted to SEK 145.98 per share (113.12) as of 30 June 2018. 

Change in number of shares and votes in D. Carnegie & Co AB

The number of shares of series B and votes in D. Carnegie & Co AB (publ) has changed as a result of the exercise of 901,200 warrants within the company’s 2015 incentive program. At the last...

Jonas Andersson appointed as new CFO, replacing Per-Axel Sundström who has decided to leave D. Carnegie & Co AB

Per-Axel Sundström has, after several years at D. Carnegie & Co AB (publ), decided to leave his position as Chief Financial Officer (CFO). As a result, D. Carnegie & Co AB has decided to appoint Jonas Andersson as new CFO. Per-Axel Sundström’s last employment date and Jonas Andersson’s first day as new CFO has not yet been decided, but Per-Axel will work with the company to ensure a smooth transition.

Tenants remain our top priority

D. Carnegie & Co AB (publ) reports for the first quarter of 2018 income from property management, SEK 1 million, compared to SEK 60 million for the first quarter of the previous year. Profit after tax amounts to SEK 156 million compared to SEK 229 million for the first quarter of the previous year.  Earnings per share after tax were SEK 1.98 (2.96). The adjusted equity (EPRA NAV) increased 18 percent compared to the corresponding quarter 2017 and amounted to SEK 125.35 per share (106.04) as of 31 March 2018.

D. CARNEGIE & CO AB (publ) COMPLETES THE ACQUISITION OF 1,274 APARTMENTS IN STOCKHOLM AND ISSUES NEW SHARES TO THE SELLER

D. Carnegie & Co AB (publ) has today completed the earlier announced acquisition of 1,274 residential apartments for SEK 1.67 billion (before deduction for deferred tax amounting to SEK 0.08 billion). The properties are located in Albyberget, Alby, Botkyrka municipality in Stockholm and are adjacent to other D. Carnegie properties. The transaction has been structured as a share deal.

D. CARNEGIE & CO PUBLISHES PROSPECTUS SUPPLEMENT

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

D. CARNEGIE & CO AB ACQUIRES 1,274 APARTMENTS IN STOCKHOLM FROM BYGGMÄSTARE ANDERS J AHLSTRÖM FASTIGHETS AB (publ) AGAINST PAYMENT IN CASH AND SHARES

D. Carnegie & Co AB (publ) (”D. Carnegie”) has entered into an agreement with Byggmästare Anders J Ahlström Fastighets AB (publ) (“Byggmästare Ahlström”) to acquire 1,274 apartments in Stockholm for SEK 1,673 million (15,900 SEK/sqm), before deducting deferred tax amounting to approximately SEK 80 million. The acquisition is structured as a share deal. The portfolio’s rentable area amounts to 105,000 sqm. There is, in addition, expected to be considerable upside in the portfolio’s building rights potential. The properties are located in Albyberget, Alby, Botkyrka municipality in Stockholm and are adjacent to other D. Carnegie properties. The transaction will be combined with the issue of new shares to the seller resulting in a combined cash (92% of the consideration) and share (8% of the consideration) transaction, with closing scheduled during the second quarter 2018.

D. CARNEGIE & CO AB (publ) COMPLETES THE ACQUISITION OF 1,420 APARTMENTS IN THE STOCKHOLM REGION

D. Carnegie & Co AB (publ) has on 3 April 2018 completed the earlier announced acquisition of 27 properties for SEK 2.47 billion (before deduction for deferred tax amounting to SEK 0.21 billion). The properties are located in Järna, Söderhälje and Nynäshamn, all within Stockholm County, in close vicinity to portions of D. Carnegie’s existing portfolio. The transaction has been structured as a share deal.

D. CARNEGIE & CO’S RIGHTS ISSUE FULLY SUBSCRIBED

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

D. CARNEGIE & CO PUBLISHES PROSPECTUS

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

D. CARNEGIE & CO CONDUCTS RIGHTS ISSUE OF SEK 1,013 million

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

Continuing our strategy

D. Carnegie & Co AB (publ) reports for the fourth quarter of 2017 an increase in income from property management, SEK 62 million, compared with SEK 52 million for the fourth quarter of the previous year. Profit after tax is up to SEK 350 million compared to SEK 680 million for the fourth quarter of the previous year. For the year, income from property management amounted to SEK 357 million, compared with SEK 269 million for the corresponding period previous year. Profit after tax for the year amounted to SEK 1,579 million compared with SEK 1,678 million corresponding period previous year.  Earnings per share after tax were SEK 20,34 (22.20). The adjusted equity (EPRA NAV) increased 25 percent compared to the corresponding quarter 2016 and amounted to SEK 127.90 per share (101.96) as of 31 December 2017.

D. Carnegie & Co – Svein Erik Lilleland appointed new CEO

D. Carnegie & Co AB (the "Company") – listed on Nasdaq Stockholm – announces today that Svein Erik Lilleland, current member of the board of directors and interim CEO, has been appointed permanent CEO for the Company.

D. Carnegie & Co divests properties in Eskilstuna to tenants

D. Carnegie & Co (publ) – listed on Nasdaq Stockholm – has divested two residential properties to a private housing cooperative. The sale of the properties in Eskilstuna is completed at an underlying property value of SEK 44 million, corresponding to SEK 23,417 per square meter lettable area.

D. CARNEGIE & CO AB ACQUIRES 749 APARTMENTS IN VÄSTERÅS

D. Carnegie & Co AB (publ) has entered into an agreement to acquire four properties from Bostads AB Mimer for SEK 765m (before deduction for deferred tax amounting to SEK 31m). The properties are all located in the Västerås in what is the first acquisition by D. Carnegie & Co of a property portfolio from a public housing company. The transaction is a share deal with closing scheduled in the first half of 2018.

D. CARNEGIE & CO AB ACQUIRES 1,420 APARTMENTS IN THE STOCKHOLM REGION

D. Carnegie & Co AB (publ) has entered into an agreement to acquire 27 properties for SEK 2.47 billion (before deduction for deferred tax amounting to SEK 0.21 billion). The properties are located in Järna, Södertälje and Nynäshamn, all within the Stockholm region. The properties are near to other D. Carnegie properties. The transaction is a share deal with closing scheduled in the first half of 2018.

D. Carnegie & Co completes SEK 3,255 million refinancing

D. Carnegie & Co AB (publ) has completed a SEK 3,255 million refinancing with AIG Asset Management (Europe) Limited alongside a SEK 750 million revolving capex facility. The loan and capex facilities have a 7 year maturity profile which lengthen the company’s overall debt maturity profile from 3.3 years to 5.5 years.

Continued high levels of activity generating significant value

D. Carnegie & Co AB (publ) reports for the third quarter of 2017 a sharp increase in income from property management, SEK 135 million, compared with SEK 109 million for the second quarter of the previous year. Profit before tax is up to SEK 525 million compared to SEK 364 million for the third quarter of the previous year. For the first nine months, income from property management amounted to SEK 295 million, compared with SEK 217 million for the corresponding period previous year. Profit after tax for January-September amounted to SEK 1,229 million compared with SEK 999 million corresponding period previous year.  Earnings per share after tax were SEK 15.86 (12.92). The adjusted equity (EPRA NAV) increased 34 percent compared to the corresponding quarter 2016 and amounted to SEK 122.04 per share (91.26) as of 30 September 2017.

Change in number of shares and votes in D. Carnegie & Co

The number of shares of series B and votes in D. Carnegie & Co has changed as a result of the exercise of 13,000 warrants within the company’s 2014 incentive program. At the last trading...

Continued high refurbishment pace and strong growth in profit in second quarter

D. Carnegie & Co AB (publ) reports for the second quarter of 2017 a sharp increase in income from property management, SEK 100 million, compared with SEK 72 million for the second quarter of the previous year. Profit before tax is up to SEK 616 million compared to SEK 504 million for the second quarter of the previous year. For the first half year, income from property management amounted to SEK 160 million, compared with SEK 109 million for the corresponding period previous year. Profit before tax for January-June amounted to SEK 704 million compared with SEK 634 million corresponding period previous year.  Earnings per share after tax were SEK 6.14 (5.02). The adjusted equity (EPRA NAV) increased 33 percent compared to the corresponding quarter 2016 and amounted to SEK 113.12 per share (85.05) as of 30 June 2017.

D. Carnegie & Co has divested a site-leasehold with a grocery store in Akalla

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has completed the divestment of a site-leasehold with a grocery store in Akalla. The buyer is a wholly owned subsidiary of SSM Holding AB (publ). The agreed property value amounts to SEK 80m, which is 95 percent above book value.

Bulletin from Annual General Meeting of D. Carnegie & Co AB

The following resolutions were passed at the Annual General Meeting (the “AGM”) of D. Carnegie & Co AB (the “Company”) on 10 May 2017. Approval of the annual report, appropriation of...

Highest refurbishment pace

D. Carnegie & Co AB (publ) reports for the first quarter of 2017 a sharp increase in income from property management, SEK 60 million, compared with SEK 37 million for the first quarter of the previous year. This is a direct sign of improved financial results from the intensive investment activities performed by D. Carnegie & Co. Earnings per share after tax were SEK 2.96 (3.47). The adjusted equity (EPRA NAV) increased 33 per cent compared to the same quarter 2016 and amounted to SEK 106.04 per share (79.79) as of 31 March 2017.

High investments generates record results

D. Carnegie & Co AB (publ) reports record results for 2016 driven by the high investment pace. The profit before tax amounted to SEK 2,072 million - up 46 percent compared to last year. Also income from property management was considerably higher, SEK 269 million, compared to SEK 186 million the previous year. This is primarily driven by increased revenue and lowered costs due the large value-adding investments.

D. Carnegie & Co acquires residential property portfolios in Arboga, Köping and Tranås

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has entered into an agreement to acquire residential property portfolios in Arboga, Köping and Tranås. The seller is Fastighets AB Balder (publ). The property portfolios comprises 42 properties and 1,681 apartments. The agreed property value is SEK 1,420 million and the purchase price amounts to SEK 1,040 million. The transaction is a share deal with closing on May 2, 2017.

Invitation to D. Carnegie & Co´s investor meeting

D. Carnegie & Co – listed on Nasdaq Stockholm – invites to an investor meeting Wednesday February 22, 2017. At the meeting Blackstone – D. Carnegie & Co´s new principial shareholder is presented. 

D. Carnegie & Co AB updates share register

Due to major changes in the ownership structure after Blackstone’s mandatory tender offer the share register at the homepage has been updated.For more information, please contact:Ulf Nilsson,...

New Head of Investor Relations at D. Carnegie & Co AB

Björn Sundberg, who currently is Head of Communications, has now also been appointed to Head of Investor Relations at D. Carnegie & Co AB. More information about Björn is accessible through https://www.hemblagroup.se/en/management/.

D. Carnegie & Co AB announces changes in management

Christian Tapper has been appointed to Head of Property Refurbishments with responsibility for D. Carnegie & Co AB’s refurbishment process. Christian was previously employed at PEAB. For...

Continued strong growth in profit and equity in the third quarter

D. Carnegie & Co AB (publ) reports for the third quarter of 2016 a sharp increase in profit before tax up SEK 434 million - up 115 percent compared with the same quarter last year. Also income from property management was considerably higher, SEK 176 million, compared with SEK 91 million for the third quarter of the previous year. This is a direct sign of improved financial results from the intensive investment activities performed by D. Carnegie & Co. Earnings per share after tax were SEK 4.71 (2.71). The adjusted equity (EPRA NAV) increased 51 percent compared to the same quarter 2015 and amounted to SEK 91.26 per share (60.53) as of September 30, 2016.

D. Carnegie & Co postpones 2016 Capital Markets Day to a later date, to be announced

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – postpones its Capital Markets Day to a later date, to be announced. The previously planned date was November 9, 2016. This decision was made due to the recent mandatory tender offer from Vega Holdco Sarl (”Vega Holdco”), an entity wholly owned by real estate funds advised by affiliates of the Blackstone Group L.P, and the restricted disclosure of information the bid implies.

Invitation to D. Carnegie & Co’s Capital Markets Day, November 9, 2016

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – invites to its annual Capital Markets Day, Wednesday November 9, 2016. In addition to a general company presentation the main topics will be focused on D. Carnegie & Co’s value creating refurbishment method and a presentation from the company’s new principal shareholder, Blackstone.

BLACKSTONE ACQUIRES 40 PER CENT OF THE VOTING RIGHTS AND 32 PER CENT OF THE SHARE CAPITAL IN D. CARNEGIE & CO AT A PRICE OF SEK 100.00 PER SHARE

Vega Holdco Sarl ("Vega Holdco"), an entity wholly owned by real estate funds advised by affiliates of the Blackstone Group L.P. (together with its affiliates, "Blackstone"), has completed acquisitions of shares in D. Carnegie & Co AB (publ) ("D. Carnegie & Co" or the "Company") corresponding to 40 per cent of the voting rights and 32 per cent of the total number of shares in D. Carnegie & Co.

BLACKSTONE UPDATES ITS PROPOSAL FOR ELECTION OF BOARD MEMBERS AHEAD OF EXTRAORDINARY GENERAL MEETING IN D. CARNEGIE & CO AB (PUBL) ON 14 OCTOBER 2016

D. Carnegie & Co AB (publ) (“D. Carnegie & Co” or the “Company”) has been informed by Vega Holdco Sarl (“Vega”), controlled by Blackstone and holder of approximately 28.61 percent of the total number of outstanding shares in the Company, that Vega wishes to update its proposal to the extraordinary general meeting on 14 October 2016 regarding the election of board members. The updated proposal entails that James Seppala replaces Andrew Lax as proposed board member and chairman of the board. Svein Erik Lilleland remains the second proposed board member and no other changes are made to Vega’s proposals, announced on 21 September 2016.

D. Carnegie & Co included European indices

D. Carnegie & Co´s (publ) share - listed on Nasdaq Stockholm – has been included in the indices IEIF Europe and IEIF Continental Europé, since the indices has been...

D. Carnegie & Co updates share register

D. Carnegie & Co. (publ) – listed at Stockholm Nasdaq – has updated its share register after Blackstone Real Estate Partners Europe IV and Blackstone Real Estate Partners VIII ("Blackstone") took over as the largest owner of the Company. The largest owners of D. Carnegie & Co constituted per September 15, 2016 of:

Comment to the first completion of Blackstone’s acquisition of shares in D. Carnegie & Co and request for an extraordinary shareholders’ meeting

D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the “Company”) notes that a first completion of the acquisition of shares in the Company that was announced by the Company on 15 July 2016 and 25 August 2016 has taken place. As can be seen in the updated ownership summary on the Company’s website, the buyer Blackstone Real Estate Partners Europe IV and Blackstone Real Estate Partners VIII (jointly “Blackstone”) now, through its entity Vega Holdco Sarl, holds 1,654,286 shares of series A and 20,463,264 shares of series B, corresponding to 29.09 per cent of the votes and 28.61 per cent of the share capital in the Company.

Comment in relation to Blackstone’s announcement

Comment in relation to Blackstone’s announcement that the conditions precedent to acquire 40 per cent of the voting rights and 32 per cent of the share capital in D. Carnegie & Co AB (publ) have been fulfilled

Comment in relation to agreements between Blackstone and three shareholders in D. Carnegie & Co AB (publ)

D. Carnegie & Co AB (publ) (”D. Carnegie & Co” or the “Company”) has noted that today, on 15 July 2016, Blackstone Real Estate Partners Europe IV and Blackstone Real Estate Partners VIII (jointly “Blackstone”) have announced that agreements regarding transfer of shares at a price of SEK 100 per share and exercise of voting rights have been reached between Blackstone, through its entity Vega Holdco Sarl, and three of D. Carnegie & Co:s largest shareholders Kvalitena AB (“Kvalitena”), Svensk Bolig Holding AB and Frasdale Int. BV (“Frasdale”). D. Carnegie & Co has also noted that the transfers and the grant from Kvalitena and Frasdale of the right to exercise the voting rights of their remaining shares in D. Carnegie & Co, provided that certain conditions are fulfilled and the shares are transferred, will result in Blackstone holding 40 percent of the voting rights and 32 percent of the share capital and controlling 53 percent of the voting rights in the Company. Provided that the transfers are completed, Blackstone will thus become the new controlling shareholder in the Company and obliged to launch a bid for all the remaining shares in the Company at a price of not less than SEK 100 per share in accordance with applicable takeover rules. 

Continued strong growth in profit and equity in second quarter

D. Carnegie & Co AB (publ) reports for the second quarter of 2016 a sharp increase in profit before tax of SEK 504 million - up 141 percent compared with the same quarter last year. Also income from property management was considerably higher, SEK 72 million, compared with SEK 45 million for the second quarter of previous year. Earnings per share after tax were SEK 5.02 (2.34). The adjusted equity (EPRA NAV) increased 51 percent compared to the same quarter 2015 and at 30 of June 2016 amounted to SEK 85.05 per share (56.38).

D. Carnegie & Co repays convertible subordinated loans

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has today carried out the previously announced repayment of three convertible subordinated loans. The repayment is made in...

D. Carnegie & Co makes substantial environmental investments – Reduces energy consumption by 25 percent

D. Carnegie & Co (publ) - listed on Nasdaq Stockholm – is planning over a five year period to invest about SEK 900 million to reduce energy consumption in the company's properties. Investments are made in modern technology for energy recovery and measures to adjust the properties so that the heat is distributed evenly. In addition, D. Carnegie & Co is going to invest in geothermal heating to produce energy, which means that consumption goes down by about a third. In connection with the investment the company plans to recruit a number of operating engineers.

D. Carnegie & Co divests property to tenants – Sale price corresponds to 16 850 SEK/sq. m.

D. Carnegie & Co (publ) – listed on Nasdaq Stockholm – has signed an agreement to divest a residential property to a private housing cooperative. The sale of the property in Rinkeby is completed at an underlying property value of SEK 43 million, corresponding to SEK 16 850 per square meter living area. The underlying property value exceeds the latest market valuation by 88%.

D. Carnegie & Co AB (publ) lists bonds on Nasdaq Stockholm

As previously communicated, the board of directors of D. Carnegie & Co AB (publ) (”D. Carnegie & Co”) has resolved to list bonds on Nasdaq Stockholm. Nasdaq Stockholm has approved D. Carnegie’s application for admission to trading of the bonds and the first day of trading is today, 3 June 2016.  

D. Carnegie & Co included in two new indices – the Nasdaq Nordic VINX Benchmark Index and the EPRA European Index

D. Carnegie & Co (publ) - listed on Nasdaq Stockholm – has been included in the NASDAQ Nordic VINX Benchmark Index as of 1 June this year. The VINX Benchmark Index include the largest and most actively traded stocks on Nordic Exchanges. The weight in the index is based on the portion of the shares available for trading, ie. the so called free float.

Yet another quarter of strong growth in earnings and shareholders’ equity

D. Carnegie & Co AB (publ) reports for the first quarter of 2016 a sharp increase in profit before tax of SEK 263 million - up 446 percent compared with the same quarter last year. Also income from property management was considerably higher, SEK 37 million, compared with SEK 2 million for the first quarter of last year . Earnings per share after tax were SEK 3.47 (0.69). The adjusted equity (EPRA/NAV) increased 47 percent compared to the same quarter 2015 and at 31 of March 2016 amounted to SEK 79.79/share (54.25).

Carnegie performs rebranding – Graflunds becomes D. Carnegie & Co

Residential real estate company D. Carnegie & Co AB’s (publ) - listed on Nasdaq Stockholm – property portfolio which has so far been managed under the name Graflunds will now be managed under the name D. Carnegie & Co. This means that those who live in the company's approximately 16 000 apartments in the “Million Homes Programs” will be able to get to know D. Carnegie & Co. The rebranding is done during the spring of 2016.

D. Carnegie & Co has issued bonds of MSEK 1,000

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has issued senior unsecured bonds in the amount of MSEK 1,000 with a tenor of three years. The bonds will carry a floating interest rate of 3m STIBOR + 400 basis points with final maturity in April 2019. The framework amount of the bonds is MSEK 1,000.

D. Carnegie & Co purchases property portfolio in Eskilstuna

The residential property company D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm – has entered into an agreement to acquire a property portfolio in Eskilstuna. The sellers are Prubor Förvaltning AB. The portfolio consists of six properties and comprises of 136 apartments with a total rental value of approximately SEK 10 million. The agreed underlying property value is SEK 115,5 million. The transaction is being carried out as a company deal with closing in July, 2016.

IFK Norrköping arena renamed to Östgötaporten – D. Carnegie & Co’s subsidiary Östgötaporten enter sponsorship

The housing company D. Carnegie & Co. - listed on Nasdaq Stockholm - through its subsidiary Östgötaporten AB signed a five-year sponsorship agreement with the Swedish champions in football, IFK Norrkoping through its subsidiary Park Event & Aréna AB. The agreement means that the arena Nya Parken is renamed to Östgötaporten. The deal also means that Östgötaporten sponsors the CSR project Lagandan aimed at positive social development by improving integration, health and community in Norrköping.

D. Carnegie & Co purchases property portfolio in Katrineholm

The residential property company D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm – has entered into an agreement to acquire a property portfolio in Katrineholm. The sellers are Fastighets AB L E Lundberg and Byggnads AB Karlsson & Wingesjö. The portfolio consists of 19 properties and comprises 717 apartments with a total rental value of approximately SEK 60 million. The agreed underlying property value is SEK 617.5 million. Following deductions for deferred taxes, the corresponding figure is SEK 586.7 million. The transaction is being carried out as a company deal with closing on May 2, 2016.

Significant boost in profit and equity

D. Carnegie & Co reports a significant boost in profit before tax, which rose from SEK 307 million in 2014 to 1 402 million in 2015 – an increase by 360%. Income from property management also grew significantly, reaching SEK 186 million (42), up 342%. Net Profit per share was SEK 16,10, up 235% compared to last year. Adjusted equity (EPRA/NAV) rose by 41 % in 2015 and amounted to SEK 73,50 per share at year end (51,99)

D. Carnegie & Co has entered into an agreement regarding repayment of convertible subordinated loans – Reduces dilution and improves financial net

In order to preven dilution of shares due to conversion of convertible subordinated loans in D. Carnegie & Co AB (publ) (the ”Company”) – listed on Nasdaq Stockholm – the Company has entered into a repayment agreement (the “Agreement”) with the creditor, Svensk Bolig Holding AB (“SBH”), on repayment of the subordinated loans. The Company will also pay SBH a market-based compensation for the value of the option. As part of the financing of the repayment, the Company will convene an extraordinary general meeting to authorize an issue of new.

D. Carnegie & Co completes divestment of Gothenburg residentials

D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm - has completed the sale of the residential properties Hammarkullen in Gothenburg. With the transaction D. Carnegie & Co add approximately SEK 250 million in cash after repayment of loans. The buyer is the residential company of the city of Gothenburg, better known as Bostadsbolaget.

D. Carnegie & Co purchases property in Uppsala and sells building rights

The residential property company D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm – has entered into an agreement with Rikshem to acquire a property in Uppsala for the agreed underlying property value of SEK 78 million. At the same time, D. Carnegie & Co is selling a commercial property with potential building rights located in Solna to Rikshem for the underlying property value of SEK 49 million which entails a capital gain of SEK 11 million. Both transactions are taking place in a corporate form and closing will be in early 2016. 

D. Carnegie & Co publishes new valuation of its properties

Residential property company D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm – is publishing a new valuation of its property portfolio, carried out by Newsec during November, which amounts to MSEK 13,600. Since this valuation exceeds previously reported values by more than SEK 1 billion, it may constitute price-affecting information, which the company is compelled to release to the market.  

Interim Report January-September 2015

· D. Carnegie & Co AB (publ) experienced strong growth during the third quarter. Rental income increased during the quarter to SEK 309 million, which is an increase of almost 29 per cent as compared with the corresponding period during the preceding year. Net operating income also showed good growth and amounted to SEK 164 million for the quarter, which was a 34 per cent increase as compared with the third quarter of 2014.   · Profit after tax increased to SEK 192 million (9) for the most recent three-month period, which amounts to a profit per share before dilution of SEK 2.71 (0.13) for the quarter. The adjusted shareholders' equity per share also continued its strong growth during the quarter and amounted to SEK 60.53/share, which is a 25 per cent increase as compared with the third quarter of 2014.    · In respect of renovations, the forecast is that approximately 500 apartments will be renovated in 2015. We believe that we will achieve a rolling pace of 1,000 apartments per year in the fourth quarter. 

D. Carnegie & Co divests Gothenburg portfolio

D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm - has entered an agreement to divest its properties in the Hammarkullen residential area in Gothenburg through a company sale. The Gothenburg portfolio comprises 890 apartments and a lettable area of 65,000 square meters. The agreed underlying property value is SEK 493 million, resulting in a capital gain of SEK 14 million compared to the latest valuation. The buyer is Göteborgs stads bostadsaktiebolag, better known as Bostadsbolaget.

D. Carnegie & Co acquires property in Norrköping

D. Carnegie & Co AB (publ) – listed at Nasdaq Stockholm – has signed an agreement to acquire a property in the city of Norrköping by means of a company transaction. Lettable area is 8,550 sqm and the rental value is MSEK 9,2. Subnova AB is the seller. 

D. Carnegie & Co revises upwards current earning capacity – Acquisition increases the income from property management by MSEK 32 to MSEK 260

In connection with today's Capital Market Day, D. Carnegie & Co AB (publ) (listed on Nasdaq Stockholm) publishes a revised current earning capacity. Previously announced acquisitions made after the end of the second quarter report raises the current earning capacity - the present income from property management is estimated to be MSEK 260 from previously being MSEK 228. In connection with the Capital Market Day, a forecast was also announced that 500 apartments are estimated to be renovated this year. 

Interim Report January-June 2015

· Rental income of SEK 591.9 million (86.9) · Net operating income of SEK 256.6 million (37.6) · Income from property management of SEK 47.0 million (16.5) · Changes in the value of investment properties and derivatives of SEK 260.4 million (77.1) · Profit after tax of SEK 213.1 million (81.) · Earnings per share of SEK 3.01 (1.82) before dilution · Earnings per share of SEK 2.38 (1.82) after dilution

D. Carnegie & Co’s divestment of Gothenburg-portfolio postponed

The previously announced sale of D. Carnegie & Co’s - listed on Nasdaq Stockholm - Gothenburg-portfolio has been cancelled as the buyer failed to secure financing. Since Gothenburg is not within D. Carnegie & Co’s prioritized investment scope, a search for another buyer will be initiated during the fall.

D. Carnegie & Co buys property portfolio in Norrköping

D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm - has entered into an agreement to acquire seven properties in Norrköping through a company acquisition. The agreed underlying property value is SEK 261 million. The seller is Vissland Invest AB.

Changes in shareholdings in D. Carnegie & Co

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has requested an updated version of the shareholder register dated 5 June 2015 due to the announcement that Svensk Bolig Holding AB has reduced its shareholding by 50%.

D. Carnegie & Co AB (publ) lists bonds on Nasdaq Stockholm

As previously communicated, the board of directors of D. Carnegie & Co AB (publ) (”D. Carnegie & Co”) has resolved to list bonds on Nasdaq Stockholm. Nasdaq Stockholm has approved D. Carnegie’s application for admission to trading of the bonds and the first day of trading is today, 11 June 2015. 

D. Carnegie & Co focuses purely on residential properties – sells Vårberg Centrum

D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm - has sold its 60% stake in Vårberg Centrum and is thereby focused purely on residential properties, primarily in the Stockholm region. The transaction has been carried out through the sale of a company with an underlying property value of SEK 210 million. 

D. Carnegie & Co sells holdings in Gothenburg

D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm - has sold a residential area in Hammarkullen outside of Gothenburg. The property comprises of approximately 890 flats with a total leasable area of 65,000 square metres. The transaction is structured as a sale of a company, with an underlying property value of approximately SEK 500 million. The resulting capital gain is SEK 24 million over the most recent valuation. 

D. Carnegie & Co approved for listing on Nasdaq Stockholm’s main market

On 6 May 2015, Nasdaq Stockholm’s Listing Committee has on customary terms approved that trading in the class B shares of D. Carnegie & Co AB (publ) are moved to the main market and consequently delisted from Nasdaq First North Premier. The first day of trading in D. Carnegie & Co’s class B share on the main market is planned to be 12 May 2015 and the last day of trading on Nasdaq First North Premier will therefore be 11 May 2015. The share will be traded within the Mid Cap segment under the trigger “DCAR B”. D. Carnegie & co will keep the same ISIN-code as before, i.e. SE0005594728.

D. Carnegie & Co divests two properties in Eskilstuna

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – has divested two properties (Nålsticket 1 and Nålsticket 2) in the Municipality of Eskilstuna, by way of a company transaction for an agreed property value of SEK 106,8 m.

D. Carnegie & Co divests Geneta Centrum in Södertälje

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – has divested Geneta Centrum in Södertälje and the two properties Ängsgröen 1 and Ängsgröen 3 in the Municipality of Södertälje, by way of a company transaction for an agreed property value of SEK 36 million. 

Interim Report January – March 2015

•  Rental income amounted to SEK 296.4 million (21.2) •  Net operating income was SEK 120.2 million (7.5) •  Income from property management amounted to SEK 2.2 million (1.2) •  Change in value of properties amounted to SEK 133.2 million (29.9) •  Changes in the value of derivatives had an impact on earnings of SEK -74.6 million (-) •  Profit after tax amounted to SEK 47.4 million (26.2) •   Earnings per share amounted to SEK 0.7 (1.0), basic/diluted

D. Carnegie & Co has issued bonds of MSEK 1,000

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – has issued senior unsecured bonds in the amount of MSEK 1,000 with a tenor of three years. The bonds will carry a floating interest rate of 3m STIBOR + 375 basis points with final maturity in April 2018. The framework amount of the bonds is MSEK 1,000.

D. Carnegie & Co acquires three properties in Stockholm

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – has acquired three properties in the Greater Stockholm region by way of a company transaction. Two of the properties are located in Jordbro and the third in Vårberg. The properties are estimated to generate annual rental income of MSEK 85. Seller is PATRIZIA WohnInvest Kapitalverwaltungsgesellschaft mbH for the account of the German special fund PATRIZIA Euro City Residential Fund I. 

D. Carnegie & Co negotiates a purchase of three properties in Stockholm

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – can confirm media rumors that negotiations are underway regarding the potential acquisition of a portfolio of three properties in the Greater Stockholm region, whereof two are located in Jordbro and one in Vårberg

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 Kvalitena AB’s (publ) (“Kvalitena”) lock-up agreement, the Company hereby announces the following information.

D. Carnegie & Co after refinancing: Term to maturity on loan stock averages 4.5 years at average rate of 2.47%

As previously announced, D. Carnegie & Co - listed on Nasdaq First North Premier – has rescheduled two loans totalling approximately SEK 3.8 billion. As a result of the refinancing, as of 5 March this year the average term to maturity on the Company’s debts to credit institutions (excluding outstanding convertible loans) was 4.5 years. The average interest rate on the loan stock was 2.47%. 

D. Carnegie & Co restructures it’s financing – reduces interest expenses

The property company D. Carnegie & Co AB (publ.) - listed on Nasdaq First North Premier - has restructured two loans totalling approximately SEK 3.8 billion. The loans are expected to significantly reduce the company's financing costs inasmuch as the average interest rate is reduced to well below 3%. The smaller loan (of almost SEK 1 billion) has a term to maturity of five years, while the second loan (of just over SEK 2.8 billion) has a term to maturity of seven years.

D. Carnegie & Co strengthens its management team

– Recruits transactions manager, project manager and legal counsel D. Carnegie & Co - listed on Nasdaq First North Premier – has strengthened its management team with the recruitment of Jonas Andersson as transactions and analyst manager as well as Fredrik Brunnberg as project manager. Both will take up their positions in March. Further, previously the management team has also been reinforced with their own legal counsel, Jenny Wärmé.

Year End Report 2014

January 2014 - December 2014 Rental income of SEK 608.7 million (-) Net operating income of SEK 257.6 million (0.4) Earnings from management operations of SEK 42.4 million (-2.7) Changes in the value...

CFO acquires more shares in D. Carnegie & Co

Per Axel Sundström, CFO in D. Carnegie & Co AB (publ), the Company, has January 22, 2015 acquired 92 500 shares in the Company. After the acquisitions, his total holding is 100 000 shares.

CEO acquires more shares in D. Carnegie & Co

Ulf Nilsson, CEO in D. Carnegie & Co AB (publ), the Company, has during December 2014 and January 2015 acquired 35 000 shares in the Company. After the acquisitions, his total holding is 135 000 shares.

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.