Catella AB (publ) (the ”Company”) has instructed the agent for the Company’s up to SEK 750,000,000 senior unsecured bonds with ISIN SE0009994718 (the ”Bonds”) to initiate a written procedure to request the bondholders to vote in favour of amending the terms and conditions of the Bonds (the ”Terms and Conditions”).

The proposed amendments to the Terms and Conditions include (i) allowing the Company to make a dividend in an aggregate amount of SEK 103,538,286 for the fiscal year 2018 and (ii) allowing the group to incur debt under profit participating loans or profit participating notes issued by alternative investment funds (providing that certain conditions are fulfilled).

The changes in the Terms and Conditions are made to partly enable a broader product offering and the Company believes that the result for the year 2018 does not reflect the strength of the underlying business where, among other things, fixed income has increased steadily and the result was burdened with costs which relate to 2019 and are attributable to the wind down of the Banking business area.

The agent will deliver the notice to a written procedure to all bondholders on 25 April 2019. The written procedure will commence on 2 May 2019 and end on 23 May 2019. To be eligible to participate in the written procedure a person must fulfil the formal criteria for being a bondholder on 2 May 2019. This means that the person must be registered on a securities account with Euroclear Sweden AB as a direct registered owner (Sw. direktregistrerad ägare) or authorised nominee (Sw. förvaltare) with respect to one or several Bonds.

ABG Sundal Collier AB and Nordea Bank Abp, filial i Sverige have been retained as financial advisors in connection with the written procedure.

The notice to the written procedure is available on the Company’s website (www.catella.com).

For more information, please contact:

Marcus Holmstrand, CFO
Telephone: +46 8 463 32 52
Email: marcus.holmstrand@catella.se

Niklas Bommelin, IR
Telephone: +46 8 463 34 26
Email: niklas.bommelin@catella.se

On December 18, 2018, Catella Bank S.A., a wholly owned subsidiary of Catella AB (publ), announced that it had entered into an agreement to divest its Card Issuing operations in Luxembourg to Advanzia Bank S.A. The transaction is now completed and the fixed consideration amounts to, as previously communicated, SEK 126 Million with an additional earn-out structure with a maximum potential of approx. SEK 240 Million.
As previously communicated, Catella expects approximately SEK 126 Million to accrue to Catella regarding the earn-out. The earn-out will be reported at the end of 2019 or at the beginning of 2020. The transfer of card customers according to the agreement with Advanzia Bank S.A. will take place during 2019 and up to the beginning of 2020 to ensure that the maximum number of customers is part of the transaction.
The balance sheet total of Catella Group will decrease by approximately SEK 350 Million in connection with the transaction as both assets and liabilities will be transferred.
The divestment of the Card Issuing operations is a result of the completed strategic review of Catella’s banking operations. The purpose of the strategic review was to exit the consolidated situation due to the extensive regulatory framework and inefficient capital structure it entails.

For more information, please contact: Press contact:

Niklas Bommelin
Investor Relations
+46 8 463 34 26, +46 768 91 12 40
niklas.bommelin@catella.se

Jonas Burvall
Head of Group Communications
+46 8 463 33 05, +46 766 27 97 55
jonas.burvall@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 190 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

2019-03-22

Arise AB (publ), has today completed the sale of its 50 % holding in Sirocco Wind Holding AB, (the “Transaction”), which owns the approx. 213 MW wind farm Jädraås, (“Jädraås”). The transaction was completed in line with the terms announced on 28 February 2019.

Halmstad 22 March, 2019
ARISE AB (publ)

For further information, please contact
Linus Hägg, CFO Arise AB, +46 702 448 916
Daniel Johansson, CEO, Arise AB, +46 702 244 133

This information was submitted for publication, through the agency of the contact person set out above, at 16.20 CET on 22 March, 2019.

Regarding information about how we process your personal data we refer to our Privacy policy, which is available on our website www.arise.se. If you no longer wish to have our press releases and news please contact us via info@arise.se.

Johan Nordenfalk, Chief Operating Officer (COO), will leave his employment and thereby Catella’s Group management for engagement outside of the company.
”I would like to thank Johan for his long time and valuable efforts at Catella during the process of change that has been going on in recent years and I wish him all the best with new challenges,” Catella’s CEO Knut Pedersen comments.
Johan Nordenfalk remains in his position in order to ensure an orderly handover.

För ytterligare information, vänligen kontakta:
Knut Pedersen
Vd och koncernchef
+46 (0)8-463 33 10
knut.pedersen@catella.se

Press Contact
Jonas Burvall
Head of Group Communications
+46(0)766-27 97 55
jonas.burvall@catella.se

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 190 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.
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