Kategori: Catella

Today Catella AB (publ) held its annual general meeting at which mainly the following resolutions were adopted in accordance with the proposals by the board of directors and the nomination committee:

• To adopt the income statement and balance sheet for the parent company and the consolidated income statement and consolidated balance sheet for 2020.
• To pay a dividend of SEK 0.90 per share to the shareholders and that the remaining profits shall be carried forward. 27 May 2021 was determined as the record date for dividends.
• To discharge the board of directors and the managing directors from liability.
• The number of board members shall be six (6) and no deputy board members are to be elected, and that one auditor shall be elected.
• Fees to board members shall be paid as follows:

• the chairman of the board shall receive SEK 570,000 (previous year SEK 570,000) and other board members SEK 350,000 (SEK 350,000) each.
• fees for service on the board audit committee in the amount of SEK 130 000 (130,000) to the chairman of the committee and SEK 100,000 (100,000) each to the other members of the committee.
• fees for service on the board compensation committee in the amount of SEK 40,000 (40,000) to the chairman of the committee and SEK 30,000 (30,000) to the other member of the committee.

• The audit fee shall be payable in accordance with the approved invoice.
• Re-election of the existing board members Johan Claesson, Tobias Alsborger, Johan Damne, Joachim Gahm and Jan Roxendal. New election of Anneli Jansson. The election of Anneli Jansson requires approval from relevant regulatory authorities. Johan Claesson was elected chairman of the board.
• PricewaterhouseCoopers AB was re-elected as the company’s auditor for a new term from the end of the AGM 2021 to the end of the AGM 2022, with Daniel Algotsson as auditor-in-charge.
• To adopt principles for the nomination committee for the 2022 AGM.
• To approve guidelines for remuneration to senior executives.
• To approve the remuneration report 2020.

Catella’s Annual General Meeting 2021 was conducted completely digitally with voting by post. The voter turnout for the AGM was over 67.5 per cent, which is considered as a high turnout.

For further information, please contact:       

Christoffer Abramson
CEO and President
+46 (0) 8 463 33 25
christoffer.abramson@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 13 countries. The group has assets under management amounted to SEK 117 billion at the end of the first quarter of 2021. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

Catella AB (publ) (”Catella”) issued on 17 March 2021 a senior unsecured bond loan of SEK 1,250,000,000 within a total framework amount of SEK 1,500,000,000 on the Swedish bond market. The bonds carry a floating rate interest of STIBOR 3m + 4.75 per cent per annum and matures 17 March 2025.

Catella has applied for listing of the bonds on the corporate bond list at Nasdaq Stockholm. The bonds will be admitted to trading on or about 10 May 2021.

In connection with this Catella has prepared a prospectus. The prospectus has been approved by the Swedish Financial Supervisory Authority. The Prospectus will be available on the Financial Supervisory Authority’s website (www.fi.se) and on Catella’s website (www.catella.com).

 

This disclosure contains information that Catella is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 10-05-2021 14:30 CET.

For further information, please contact:       
Christoffer Abramson
CEO and President
+46 (0) 8 463 33 25
christoffer.abramson@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 13 countries. The group has assets under management amounted to SEK 117 billion at the end of the first quarter of 2021. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

Catella AB (publ) has, through its subsidiary Infrahubs Fastighet 3 AB, signed a lease agreement with Matsmart Scandinavia AB to build and manage a new automated central warehouse of approx. 24,000 sq.m. in Örebro, Sweden. Sustainability is in focus and solar panels will be placed on the roof of the entire property to produce electricity to the operation of the premises. The new warehouse will be ready in the spring of 2022.

This is the third agreement Catella has signed since June 2020 when a stronger focus on properties and investments to develop modern logistics properties through the company Infrahubs was communicated. The previous agreements relate to an investment of SEK 500 million in the municipality of Norrköping that began in 2020 and a land acquisition and lease agreement with Husqvarna in the municipality of Vaggeryd, which was communicated on March 31, 2021.

“Infrahubs is very proud of the assignment to create the e-commerce warehouse of the future for Matsmart in Örebro. This is a super-modern and sustainable warehouse of approx. 24,000 sqm for future logistics and distribution, which will also include Sweden’s second largest automation from Autostore and Element Logic with 149 robots that will handle the customers’ large order flow, ”says Hans Bengtsson, CEO of Infrahubs.

Matsmart is a European food e-commerce and impact company. The company contributes to a sustainable reform of the global food system with a business model completely in line with the global sustainability goal to decrease the world’s food waste by half by 2030. Matsmart is on the Financial Times list of Europe’s fastest growing companies and is established at four European markets.

Christoffer Abramson, CEO of Catella comments: “This deal is another important step in our strategy focusing on direct real estate investments. The establishment in Örebro with the associated lease agreement with a forward-looking tenant means that Catella, through Infrahubs, continues to be a market leader in modern logistics properties with high demands on location, quality, and sustainability. We continue to see great opportunities for future investments in the logistics segment”.

For further information, please contact:       

Christoffer Abramson
CEO and President
+46 (0) 8 463 33 25
christoffer.abramson@catella.se

Informed Portfolio Management (“IPM”) ceases its investment operations and will return all capital to its investors.

IPM has a long history as one of the leading global systematic macro managers with strong long-term returns with low correlation to both equities and bonds. The recent investment market for systematic macro-funds has unfortunately been very challenging and IPM has had weak returns and large capital outflows. Catella has therefore, together with the board of IPM, made the difficult decision to recommend that IPM ceases all investment activities and return the capital to the investors. A majority of IPM’s owners are expected to support this recommendation at an upcoming Extraordinary General Meeting.

IPM will ensure that all investors are treated fairly. This includes that all investors will be able to redeem their capital in the coming months according to each fund’s specific liquidity rules.

The closure of IPM will have a negative effect on Catella’s earnings attributable to the parent company’s shareholders in Q2 2021 with approximately SEK 102,5 million, of which SEK 38,6 million relates to write-off of goodwill and SEK 63,9 million from other wind-up costs.

“It is a very unfortunate decision we have had to make. IPM has been an important and profitable part of Catella’s operations for a number of years. Catella has during several months worked close together with the Board of IPM to find a better solution for the owners, clients, and employees of IPM. Unfortunately, the global investment market for systematic macro funds together with IPM’s returns and reduced capital base has made the company’s financial position unsustainable. Despite many promising dialogues during the spring, we have not been able to find a suitable buyer for IPM. Catella would like to thank IPM’s customers for their trust and support and also give special thanks to IPM’s staff for their hard work and commitment”, says Christoffer Abramson, CEO and President at Catella.

 

This is information that Catella AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below at 09.30 CET on 22 April 2021.

For further information, please contact:       
Christoffer Abramson
CEO and President
+46 (0) 8 463 33 25
christoffer.Abramson@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 13 countries. The group has assets under management of approximately SEK 130 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

The Catella AB (publ) Annual Report for 2020 have been published today and is available to download at www.catella.com.

The English version will be available shortly. A printed version of the report can be ordered from:

Catella AB
Box 5894
102 40 Stockholm
Phone: +46 (0) 8 463 33 10
info@catella.se

This information is information that Catella AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 11.00 CET on April 21 2021.

For more information, please contact:
Mattias Brodin
Acting CFO
+46 8-463 33 10
mattias.brodin@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 13 countries. The group has assets under management of approximately SEK 130 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.