Extraordinary General Meeting of Castellum AB (publ)

At the Extraordinary General Meeting of Castellum AB (publ) on May 20, 2014, it was resolved to approve the Board of Director’s resolution of April 13, 2016, to carry out a new issue of shares with preferential rights for Castellum AB’s shareholders. Upon full subscription of the rights issue, Castellum AB will receive an amount of SEK 6,314 million, before deduction of transaction costs. The rights issue is carried out as part of the company’s financing of the acquisition of all of the shares in Norrporten AB (publ). For more information on the rights issue, please refer to previous press releases from the company which were published on April, 13 2016 and May, 18 2016.

Further, the Extraordinary General Meeting resolved, in accordance with the Board of Directors’ proposal, to authorise the Board of Directors to resolve on new issues of shares, whereby payment for the subscribed shares shall be made by the contribution of shares in Norrporten AB (payment in kind). The purpose of the authorisation is to carry out a new issue of shares against payment in kind to the Second and Sixth AP funds as part of the purchase price for the company’s acquisition of all of the shares in Norrporten AB.

In light of the General Meeting’s above resolutions, all of the condition precedents set out in the company’s share purchase agreement with Second and Sixth AP funds regarding the company’s acquisition of all of the shares in Norrporten AB have been fulfilled.

On the basis that the rights issue is fully subscribed for and assuming that all of the company’s re-purchased own shares are transferred to the Second and Sixth AP funds, the company’s share capital will increase from SEK 127,003,354 to SEK 136,600,583 by way of the new issue of shares against payment in kind to the Second and Sixth AP funds. After the completion of the acquisition, the Second and Sixth AP funds will be the owners of a total of 14,666,195 shares in the company (including the 1,065,612 shares in the company which the Second AP fund holds on the date of this press release) and 13,600,583 shares in the company, respectively, corresponding to approximately 5.37 percent and approximately 4.98 percent of all of the shares and votes in the company, respectively.

For additional information, please contact:
Charlotte Strömberg, Chairman of the Board of Directors. Phone +46 702 77 04 03
Henrik Saxborn, CEO, Phone +46 31-60 74 50

www.castellum.se

Castellum AB (publ) publishes this information in compliance with the Swedish Securities Market Act and/or the Swedish Act on Trading in Financial Instruments. This information was announced on May 20, 2016, at 11.15 (CET).

Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio, prior to the contemplated acquisition of Norrporten, amounts to approx. SEK 45 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of approx. 3.6 million sq.m. After the acquisition of Norrporten, Castellum’s real estate portfolio will increase by 60 percent to SEK 71 billion, as per pro forma March 31, 2016.

After acquiring Norrporten, Castellum will own and manage properties through one common brand in five geographical regions with strong local presence. The five geographical regions are: West, Öresund, Stockholm, North and Central.

In 2015, Castellum sustainability performance was awarded two top distinctions: the World Green Building Council’s award Business Leadership in Sustainability and “Green Star 2015” by GRESB. This means that Castellum is one of the highest ranking companies in the world in the real estate sector.

The Castellum share is listed on Nasdaq Stockholm Large Cap.

Castellum AB (publ), Box 2269, SE-403 14 Gothenburg | Org nr/Corp Id no SE 556475-5550 | Phone +46 31 60 74 00 Fax +46 31 13 17 55 

About Us

Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 82 billion, and comprises of commercial properties for office, retail, warehouse and logistics with a total lettable area of approx. 4.4 million sq.m. The real estate portfolio is owned and managed under the Castellum brand through a decentralized organization with strong and clear local presence in 20 cities from Copenhagen in the south to Sundsvall in the north. In 2016, Castellum sustainability performance was awarded two top distinctions: First Prize for sustainability reporting in Europe from EPRA and Global Sector Leader, handed out by GRESB which means that Castellum is ranked first in the world within the office- and industrial-properties sector. Further Castellum has been selected as an index component of the Dow Jones Sustainability Indices (DJSI), which includes the companies in all industries in the world with best performance in terms of sustainability. The Castellum share is listed on Nasdaq Stockholm Large Cap. www.castellum.se

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