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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2019-03-07

Better winds than normal in February resulted in a power production of 69.1 GWh, compared to the month’s budget of 54.5 GWh.

Of this 33.5 GWh refers to Own wind power production and 35.6 GWh to Co-owned wind power production, compared to the months budget of 29.9 GWh and 24.6 GWh.

Halmstad 7 March, 2019
ARISE AB (publ)

For further information, please contact
Daniel Johansson, CEO Arise AB, +46 702 244 133

Press release 02/26/2019
The Board of CA Fastigheter AB regrets to announce that it has agreed, together with Fredrik, to Fredrik’s resignation as CEO of the company. The decision takes immediate effect.

As a consequence of the above, the Board has appointed current chairman Johan Damne as interim CEO, until the post can be filled again. The recruitment of a new CEO will start immediately.
As a result of this organizational change, board member Anders Ek has, on this day, taken over as Chairman of CA Fastigheter AB.
“It is with regret that the parties have today decided to part company. We would like to take the opportunity to thank Fredrik for the work he has done in just over a year as CEO. We wish Fredrik luck in the future and hope to meet him in other situations in the industry,” says Johan Damne in a comment.

For more information, please contact:
Johan Damne, CEO, Claesson Anderzén AB, +46 (0)70-5860330
or
Johan Claesson, Chairman, Claesson & Anderzén AB, +46 (0)70-5471636