News

9 januari, 2018

Power production in December 71.1 GWh

2018-01-09
Better winds than normal in December resulted in a power production of 71.1 GWh, compared to the month’s budget of 63.2 GWh.
Of this 37.3 GWh refers to Own wind power production and 33.8 GWh to Co-owned wind power production, compared to the month’s budget of 35.0 GWh and 28.2 GWh.
In total the Company produced 635 GWh last year, which is approx. 1 % over budget. Of this 348 GWh refers to Own wind power production and 287 GWh to Co-owned wind power production.

Halmstad 9 January, 2018
ARISE AB (publ)

For further information, please contact
Linus Hägg, CFO Arise AB, +46 702 448 916

 


27 december, 2017

CA Fastigheter AB sells shopping mall in down town Tallinn, Estonia

Press release

CA Fastigheter AB has today, via a subsidiary, signed a sales contract regarding the Shopping Mall “Postimaja”, Narva Mnt 1, in the very center of Tallinn, Estonia. The buyer is Baltic Horizon Fund.

The parties did agree on both signing and closing as of today but, due Estonian regulation, the Estonian Competitian Authority has to give its merger clearance to the transaction. Closing will instead occur by latest in February 2018.

CA Fastigheter AB acquired the property in 2010. Originally the property was erected as the HQ of Estii Post. By the time of acquisition the property were more or less evacuated. During the following years the property were totally reconstructed and developed into a modern Shopping Mall with a total GLA of approx. 9 000 sqm.
The grand opening took place in 2013 with anchor tenants like for example RIMI and H&M.

CA Fastigheter AB´s real estate portfolio in Tallinn is after this sale consisting of a couple of office and industrial properties.

”This sale is in line with our strategy of property development after which we either place it in our own property portfolio or put it for sale. In this case we chose the latter although the property has the very best of locations and therefor probably has a good chance of future increase in value”, says CA Fastigheter AB´s CEO Johan Damne.
”We are glad to again have proven that yet another development project has created substantial value add for the CA Group”, Johan Damne continues.

”We are convinced that we have found the perfect buyer, Baltic Horizon, due to their potential of merging this property with their adjacent property ”Coca Cola Plaza” and thereby enabling further development. Our future presence in the Tallinn market has now to be considered. Whether we would like to increase our portfolio in Tallinn or focus on other markets is too early to tell”, says Andreas Claesson, Head of Estonia for CA Fastigheter AB.
For more information, please visit www.cafastigheter.se or contact

Johan Damne, CEO CA Fastigheter AB, telephone +46705860330 or
Andreas Claesson, Head of Estonia, telephone +46705662202


22 december, 2017

Arise AB (publ) ingår optionsavtal med rätt att förvärva projektet Enviksberget om ca 35 MW

Arise AB (publ) har idag tecknat ett optionsavtal med Dala Vind om rätten att förvärva projektet Enviksberget om ca 35 MW (”Projektet”).
Samtliga tillstånd för Projektet har vunnit lagakraft och elanslutningen är säkerställd. Arise kommer nu att slutföra utvecklingen av Projektet med avsikten att förvärva det och därefter sälja det vidare under 2018. Eventuell köpeskilling utgår till Dala Vind först för det fall Projektet slutligt förvärvas av Arise.
Projektet är beläget i närheten av Svartnäs vindkraftpark, som Arise håller på att bygga för BlackRocks räkning. Projektets installerade effekt bedöms komma uppgå till ca 35 MW.
Att säkerställa rätten att förvärva Enviksberget följer Arise strategi att förvärva och utveckla attraktiva vindkraftprojekt för vidareförsäljning till externa investerare.
”Vi är glada över att kunna säkra projekträttigheterna till Enviksberget. Vi har goda förhoppningar om att kunna sälja det vidare till en investerare under 2018. Det känns väldigt roligt att göra vår första affär med Dala Vind och vi ser fram emot ett gott samarbete med dem för att realisera projektet”, säger Daniel Johansson, verkställande direktör, Arise.

Halmstad den 22 december 2017
ARISE AB (publ)

För ytterligare information, vänligen kontakta
Daniel Johansson, VD Arise AB, +46 702 244 133
Linus Hägg, CFO Arise AB, +46 702 448 916

Denna information är sådan information som Arise AB är skyldigt att offentliggöra enligt EU:s marknadsmissbruksförordning.
Informationen lämnades, genom ovanstående kontaktpersons försorg, för offentliggörande den 22 december 2017 kl. 12:30 CET.

Om Arise
Arise är ett av Sveriges ledande företag inom vindkraft med affärsidé att utveckla, bygga och förvalta landbaserad vindkraft i egen regi och för andra. Bolaget är noterat på NASDAQ Stockholm.
Arise AB (publ), Box 808, 301 18 Halmstad, tel. +46 10 450 71 00, org.nr. 556274-6726
E-mail: info@arise.se, www.arise.se


29 november, 2017

Arise purchases bonds

Arise today announces that it has repurchased bonds with a remaining nominal value of SEK 51,900,000. The repurchase of bonds relates to the company’s secured bonds with a remaining nominal amount outstanding of SEK 951,500,000, incl. the volume now repurchased by Arise. The bonds have a floating rate corresponding to STIBOR 3m plus 3 percent and are due in April 2019 (ISIN: SE0005906849). The purchase price corresponds to 96 percent of the remaining outstanding nominal value of the bonds, i.e. approx. SEK 49,800,000.

The purpose of the repurchase is to decrease gross debt and improve Arise’s net financials. The repurchase has been made possible by the company’s strong cash position. Following the purchase, Arise’s holding in the above mentioned bonds amounts to a remaining nominal amount of SEK 51,900,000.

Halmstad 29 November, 2017
ARISE AB (publ)

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

This information is information that Arise AB is obliged to make public pursuant to the EU MarketAbuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.55 CET on 29 November, 2017.


27 november, 2017

Catella acquires shares from holders including Catella Group executives to secure continued control over IPM

In order to secure continued control over IPM Informed Portfolio Management AB (“IPM AB”), Catella has agreed with a number of shareholders in the parent company, IPM Informed Portfolio Management B.V. (“IPM B.V.”), to acquire shares in IPM B.V. The consideration paid will depend upon certain conditions and is expected to amount to SEK 160–212 million. The conditions of the agreement include approval by the general meeting of shareholders in Catella AB (publ), as well as regulatory approval.

IPM AB has been consolidated in the Catella Group since 2014 through direct and indirect ownership (via IPM B.V.) of 50.7 percent of equity combined with a shareholder agreement with a number of significant minority shareholders. In order to secure control after the shareholder agreement expires, Catella has agreed with a number of existing shareholders, who are in senior management positions with IPM AB and thus also executives within the Catella Group (“the Executives”), to acquire shares in IPM B.V. to secure continued control over IPM AB. The acquisition is structured as a bid to certain shareholders in IPM B.V. and the Executives have committed to selling shares to Catella to such an extent that Catella will obtain a controlling position in IPM B.V. through the bid (“the Guarantee”). Catella will acquire between 10.0 percent and 13.3 percent of the shares in IPM B.V. through the bid, and the deal is based on an enterprise value for IPM AB of approximately SEK 2 billion. After the transaction, Catella will own, directly and indirectly, between 58.3 and 60.7 percent of equity in IPM AB. The consideration paid will depend on factors including IPM AB’s financial performance for 2017 and the level of support for the bid, and is expected to amount to SEK 160–212 million.

Under the agreement with the Executives, Catella has, in exchange for the Guarantee, given the Executives the option to sell their remaining holdings in IPM to Catella on certain conditions in five years (“the Option”). The Executives also wish to remain significant shareholders in IPM after the bid and Catella has therefore extended an offer to repurchase shares in the subsidiary IPM AB if the Executives are required to fulfil their guarantee commitment (“the Repurchase”).

The bid, the Option and the Repurchase are conditional, in part upon approval by the general meeting of shareholders in Catella AB (publ). The bid and the Option involve the acquisition of shares from senior management of IPM AB. IPM is a subsidiary of Catella and, according to generally accepted practices in the Swedish stock market, the acquisition thus requires approval by a simple majority of the general meeting of shareholders in Catella AB (publ). The Repurchase requires the support of at least nine-tenths of the votes cast and the shares represented at the general meeting according to the “Leo rules”. Shareholders in Catella representing a total of 49.8 percent of the shares and 49.1 percent of voting power in Catella have committed to voting in favour of the bid, the Option and the Repurchase. Under the agreement with the Executives, the bid and the Option will be executed even if the Repurchase is not approved. The Board of Directors of Catella will convene an extraordinary general meeting during the first quarter of 2018 to consider the resolutions necessary to execute the transaction.

In addition, the transaction is conditional upon approval by the financial supervisory authority in Luxembourg, Commission de Surveillance du Secteur Financier (CSSF). As soon as all conditions are met, Catella will own the shares in IPM B.V. Until then, Catella will have the right to vote for more than 50 percent of the shares in IPM B.V. by proxy issued by the Executives.

During Catella’s tenure as its largest shareholder, IPM AB has operated its business independently under its own brand and has successfully expanded the business and attracted substantial international capital while building a robust administration and control organisation in order to meet comprehensive regulatory requirements. Going forward, Catella intends to actively facilitate sustained strong development in the same spirit, and to leverage its ownership to promote financial and operational stability and continuity in the business.

About IPM AB
IPM AB is a systematic investment manager known mainly for its very successful and award-winning macro hedge strategy. The strategy has, along with systematic equity management, attracted more than SEK 70 billion in assets under management from institutional clients in the United States, Europe and Asia.

IPM AB was founded in 1998 with the purpose of delivering robust investment strategies with a systematic investment process to institutional investors. Today, IPM is primarily recognised for its systematic macro strategy, as well as its systematic equity strategy, which is built on similar investment principles.

IPM AB’s investment strategies are based on economic theory and rely on the belief that market prices fluctuate around the true fundamental value of financial assets. IPM AB designs methods to model these movements in order to generate high risk-adjusted return, with low correlation to other asset classes. The investment process is entirely systematic and well-diversified in terms of strategies, asset classes and individual instruments. Effective risk management is utterly central to modelling and management alike.

For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Erik Kjellgren
Head of Equity, Hedge and Fixed Income Funds
+46 70 31 44 035
erik.kjellgren@catella.se

This information is information that Catella AB 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 above, at 09:00 CET on 27 November 2017.

About Catella: Catella is a leading specialist in property investments and advisory, fund management and banking, with operations in 13 European countries. The group has sales of approximately EUR 200 million and manages assets of approximately EUR 17 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more at catella.com