Exercise of overallotment option in relation to B shares in

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

May 12, 2014 at 2:30 AM

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. As previously communicated, the overallotment option was granted in connection with the Company’s offering of B shares to the general public and institutional investors in Sweden and certain institutional investors outside Sweden, which was announced by way of a press release on 26 March 2014 (the “Offering”). As previously announced, ABG Sundal Collier Norge ASA could, in conjunction with the Offering, engage in transactions to stabilise or maintain the share price at levels that might otherwise not prevail on the market. Such stabilisation measures could be undertaken from the first day of trading of the Company’s shares on NASDAQ OMX First North until 30 calendar days thereafter. This period has now elapsed. No such stabilising measures have been undertaken. About D. Carnegie & Co D. Carnegie & Co is a real estate company focusing on residential properties within the Stockholm region and other growth areas. The Company’s business concept is to own and manage its real estate portfolio and to gradually refurbish apartments in connection with the natural turnover of tenants. This can take place quickly and cost-efficiently due to the Company's established refurbishment method, BosystemTM. The refurbishment model is popular with both tenants and the Swedish Union of Tenants (Sw. Hyresgästsföreningen) as the apartments are attractively refurbished without any tenants being forced to vacate the premises against their will. At the beginning of 2014, Stendörren transferred its residential properties to D. Carnegie & Co and thereby became the owner of a real estate portfolio consists of residential properties in Stockholm’s growth areas (Sw. miljonprogram). As of 31 December 2013, the market value amounted to SEK 2,929 million and the total rental value was estimated to amount to SEK 287 million per year. The financial leasing rate is high and none of the properties are vacant. D. Carnegie & Co’s real estate portfolio may be divided into six geographic areas: Bromsten, Spånga, Kista, Flemingsberg, Vårberg as well as properties and building rights in Solna and Tyresö. The shares in D. Carnegie & Co are admitted to trading on NASDAQ OMX First North under the symbol “DCAR”. For further information, please contact: Ulf Nilsson, CEO, D. Carnegie & Co AB +46 (0)8 121 317 00 Knut Pousette, Chairman of the Board of Directors, D. Carnegie & Co AB +46 (0)8 121 317 00 Further information is available on www.dcarnegie.se Important information The Offering is not intended for people whose participation requires that additional prospectuses be drawn up or registered or that any other action be taken beyond what is required under Swedish law. The Prospectus will not be distributed and may not be published or in any other way distributed or sent to anyone in a country where this would require that such additional measures be taken or where this would breach laws or regulations in the respective country. The shares that are subject to the Offering have not and will not be registered under the United States Securities Act of 1933 in its current wording ("Securities Act"), or in accordance with corresponding laws in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or another country besides Sweden and may not be offered, transferred or sold, directly or indirectly, in the United States of America, Australia, Hong Kong, Japan, Canada, New Zealand, South Africa or a country where additional measures in the form of registration are required, or to persons domiciled there.

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

IBM's Sports Tech Challenge Crowns AI Innovator LivXP

Pioneering AI for Fan Engagement The big leagues of sports tech are buzzing, as IBM has just announced LivXP as the standout winner of their Sports Tech Startup Prize Challenge at the dynamic Web Summit Lisbon 2026. If there's one thing to remember, it's that this isn't just any accolade. This is a nod from IBM—an institution that's rubbed elbows with the giants of...

Skilled Nursing: The Backbone of Comprehensive Care

Crucial Crossroads: Hospital to Home Some stories don't come with ticker symbols or stock rises. Sometimes, we're sifting through what really matters—like Terry Esterline's rundown on skilled nursing and rehab services in Hillsdale, Michigan. This isn't about making a quick buck, it's about what helps people rebuild after a hospital stay. The Nuts and Bolts of Skilled...

Nauticus Schedules 2026 Q3 Earnings Call; Key Insights Await

Word on the street is that Nauticus Robotics is gearing up to dish out their third quarter earnings on November 17, 2026. If you're eyeballing the stock, NASDAQ:KITT, this might be your show. Autonomy in the subsea world isn't just about flashy tech—it's about getting investors to buy into the vision. These folks are turning waves into action with robots that perform...

HLTH 2026: AI's Role in Couples Therapy Unveiled

Testing AI's Place in the Therapy Room AI's getting more action in therapy sessions than it ever dreamed, and it’s high time we asked who benefits and who loses. Slotting in next to human therapists, AI like OurRitual’s Ora isn't about to steal the whole show, but it sure knows how to play a supporting role. At the HLTH 2026 conference, Dr. Orna Guralnik and OurRitual...

DAN, GPRO, PSNL Deals Under Investor Scrutiny

Behind the Curtain: What Do These Deals Mean for Shareholders? Sometimes, investing in a stock ain't just about numbers on a screen—it's about untangling the whole messy ball of yarn these companies hand you with a smile. We're looking at Dana Incorporated (NYSE: DAN), GoPro, Inc. (NASDAQ: GPRO), and Personalis, Inc. (NASDAQ: PSNL). They've all got deals on the table,...

Baidu Faces Securities Suit Deadline This Week

Deadline Looms Large for Baidu Investors Well, here we are again, dealing with another securities class action. If you've got your money parked in Baidu (NASDAQ:BIDU), the clock is ticking, and it's time to pay attention. November 13, 2026, is creeping up fast, and that could be a serious point of no return. What's the Buzz About? Faruqi & Faruqi, LLP, a heavyweight in...

FIS Under Investigation: Legal Woes Hit Shareholders

When Forecasts Falter: A Reality Check for FIS Investors You ever get the feeling a company is just a bit too optimistic? Well, Fidelity National Information Services, Inc. (NYSE: FIS) might've been playing that game up until its recent fiscal hiccup. The mess started on November 4, 2026, when FIS decided to slash its fiscal 2026 adjusted EPS outlook. From a Wall Street...

Millrose Faces Class Action for Alleged Deception

A Surprising Turn for Millrose Properties Nobody's grumbling over their coffee as much as Millrose Properties' investors these days. The company, traded under NYSE:MRP, is facing a securities class action lawsuit that'll make even the steeliest fund managers flinch. You see, this isn't just any lawsuit—it's a slap in the face of those who thought they were backing a...

Frasle Mobility's Resilience Despite Market Woes in 3Q26

Economic Wrangling: What Happened? Here comes Frasle Mobility, standing tall against a tide trying to pull everyone under. Ending the third quarter of 2026, they dropped a modest net revenue of R$1.38 billion. A light dip of 1.9% year-over-year, but don't let that fool you. Amid the chaos, these folks managed to expand their gross margin and kept their financials...

MY DR NOW Challenges 9-to-5 with New Clinics

Revolutionizing Healthcare Access Latte in one hand and the other hand tapping your steering wheel, trying to squeeze in that elusive doctor’s appointment between work meetings. Sound familiar? Well, those days might just be numbered. MY DR NOW is shaking up the traditional 9-to-5 doctor’s office stereotype by opening two new clinics that’ll stand sentinel seven...