Eiendomsspar AS, CGS Holding AS and Helene Sundt AS

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

News Desk 2018

Dec 11, 2015 at 2:15 AM

Eiendomsspar AS, CGS Holding AS and Helene Sundt AS reorganize their holdings in Pandox AB (publ)

Today, Pandox has been informed by its three major shareholders (Eiendomsspar AS, CGS Holding AS and Helene Sundt AS) that they have initiated an internal reorganization of their joint holdings in Pandox. As made public in the prospectus in connection with the listing of Pandox’s B shares on Nasdaq Stockholm earlier this year, Pandox’s three major shareholders, Eiendomsspar AS, CGS Holding AS and Helene Sundt AS (the “Shareholders”), hold their shares through a joint venture company, SU-ES AB. Today, the Shareholders have informed Pandox that they have initiated a reorganization of their joint holdings in Pandox. The Shareholders have initiated a reorganization process whereby SU-ES AB will be de-merged and its ownership in Pandox divided between the Shareholders. Accordingly, no shares will be sold or acquired by the Shareholders as a result of the transaction. Following the reorganizations, Eiendomsspar AS will indirectly own approximately 29.75 percent of the shares and 39.75 percent of the votes in Pandox. CGS Holding AS and Helene Sundt AS will each indirectly own approximately 14.88 percent of the shares and 19.88 percent of the votes in Pandox. Pandox’s articles of association will continue to include a conversion clause as well as a post-transfer purchase clause with regard to the company’s class A shares. FOR MORE INFORMATION, PLEASE CONTACT: Christian Ringnes, Chairman of the Board, +47 22 33 05 50 Pandox AB (publ) is required to publish this information under the Swedish Securities Market Act and/or Financial Instruments Trading Act. The information was submitted for publication on December 11, 2015 at 08:00 CET. About Pandox Pandox is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio currently comprises 103 hotels with approximately 22,000 hotel rooms across eight countries. Pandox’s business is organised into Property management, which comprises hotel properties leased on a long-term basis to market leading regional hotel operators and leading international hotel operators, and Operator activities, which comprises hotel operations executed by Pandox in its owner-occupied hotel properties. Pandox was founded in 1995 and the company’s B shares are, as of June 18, 2015, listed on Nasdaq Stockholm. www.pandox.se

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

NACD Honors Top Board Leaders with 2026 Awards

Celebrating Boardroom Mavericks at NACD Gala September 2026 has brought some sparkling recognition to the elites guiding today's corporate governance landscapes. The National Association of Corporate Directors (NACD) has announced their Directorship 100 honorees, tipping their hats to stellar individuals firing on all cylinders in the boardroom. Who's Getting the Nod?...

Lavior and CR Fitness Team for Wellness Reach

Botanical Care Meets Gym Life in the Southeast Lavior, the botanical whiz kids of wound and skin care out of Miami, are shaking hands with CR Fitness, Crunch's big-time franchise operator carrying the flag across the Southeast. They’ve ironed out a deal that’ll park Lavior’s products in more than 60 gyms covering Florida, Georgia, North Carolina, and Texas. It’s a...

Anixa Expands Global Footprint with Aussie Patent

Breaking New Ground in Cancer Immunotherapy Today feels like a pivotal day for Anixa Biosciences. Their announcement about securing a patent in Australia for their trailblazing breast cancer vaccine is like planting a flag on new, promising territory. This is no minor step; it's a strategic leap for the company as it strengthens its intellectual grip on the global...

Nature-Based Solutions: The Economic And Community Impact

Harnessing Nature to Boost Economies You ever stop to think about how nature itself might just be the best investment? Well, the Walton Family Foundation surely does, betting big on nature-based solutions. Their latest initiative, 'Human Nature,' is shedding light on how these solutions aren't just saving ecosystems — they're fortifying economies and enriching...

U.N. Leaders Converge at NYSE, Forus Soars to $3B Valuation

A Busy Morning at the NYSE with Key Guests and Global Events In a world where high-stakes diplomacy and roaring market bells go hand in hand, today brings the U.S. Secretary of State, Marco Rubio, to the New York Stock Exchange. With the 81st Session of the United Nations General Assembly shaking up the Big Apple, the city finds itself at the intersection of politics and...

Castillo Engineering Gears Up with New VP Appointments

New Leadership to Drive Expansion In a boost to its commitment to scaling up, Castillo Engineering, based in Maitland, Florida, has roped in two veterans from the renewables sector as vice presidents. Aaron Carrillo and Devin Radovich, who share a history of successful collaboration at Renewable Energy Systems Americas (RES), are set to guide Castillo's growth in the...

Annex Brands Grows with Bastrop's PostalAnnex Opening

New PostalAnnex Location Opens in Bastrop, TX Here's a fresh chapter in the books for Annex Brands, Inc. They've just cut the ribbon on a brand spanking new PostalAnnex in Bastrop, Texas, handing the reins over to eager fresh faces, Chetan Modi and Karan Desai. And you know what? This ain't just any regular location. It's a one-stop-shop for anything you could need, from...

Molex's VersaBeam Mini Pushes AI Data Center Limits

Game-Changer for AI Data Centers? Across the tech landscape, space is a premium, and Molex's new VersaBeam Mini arrives like a hail Mary in the fourth quarter. In AI data centers, squeezing down every single component counts—especially when optical density's in play. What we're seeing here is a potential paradigm shift. A 3x density improvement from a tiny 3.5 x 9 mm...

Lawsuit Targets Electrical Consultants' Labor Practices

Trouble Brews at Electrical Consultants, Inc. Right on the heels of a long workday, some employees of Electrical Consultants, Inc. seem to be getting a double whammy. The company is tangled up in a class action lawsuit lodged by the well-known Blumenthal Nordrehaug Bhowmik De Blouw LLP. This ain't your everyday grievance, folks; we're talking meal and rest period...

Lititz Mutual Embraces AI with Guidewire ProNavigator

It's not every day you see a company like Lititz Mutual making moves in the artificial intelligence (AI) arena. Based out of Lititz, Pennsylvania, this insurance firm has decided to shake things up with Guidewire's ProNavigator AI assistant. Forging New Paths in Insurance Lititz Mutual is set to inject some serious tech into their operations. The goal? Make life easier...

Top 5 Most Recently Viewed Articles

Mill Creek’s Desert Ridge Project Spurs Housing Growth

Big Times for Desert Ridge with Modera City North Look alive, folks! There's movement on the horizon in Phoenix's Desert Ridge scene. Mill Creek Residential has kicked off the Modera City North project, aiming to inject 330 homes into this rapidly blossoming neighborhood. It's part of the City North master plan—spanning across 100 acres with two million square feet of...

AXS Law Group Enters Class Action for Migom Global Corp. Investors

Class Action Filed by AXS Law Group for Migom Global Corp. AXS LAW Group PLLC is making headlines as it initiates a significant class action lawsuit, offering a powerful voice for investors of Migom Global Corp. This class action has been filed in the United States District Court for the Southern District of New York. It covers those who purchased or acquired shares of...

PayZen Achieves Prestigious KLAS Award for Patient Financing Services

PayZen Receives 2026 Best in KLAS Award for Patient Financing PayZen proudly announces its recent achievement as the 2026 Best in KLAS Winner for Patient Financing Services. This prestigious recognition, awarded by KLAS Research, underscores PayZen's commitment to enhancing healthcare affordability through its innovative AI-driven platform. In a world where healthcare...

Clarivate Teams Up with CRKN to Elevate Canadian Research

Clarivate Announces Strategic Partnership with CRKN Clarivate Plc (NYSE: CLVT), a global leader in transformative intelligence, has embarked on a significant partnership with the Canadian Research Knowledge Network (CRKN). This collaboration aims to provide extended access to valuable research tools and data for Canadian libraries and research institutions. Through this...

Aptose Biosciences Takes a Leap with OTCQB Market Trading

Aptose Biosciences Takes Major Step Forward Aptose Biosciences Inc. is excited to share that it has achieved a significant milestone by being upgraded to trade on the OTCQB Market under the ticker "APTOF". This advancement represents a pivotal moment not only for Aptose but also for investors who have shown continued interest in the company’s innovative oncology...