Akelius contemplates issuing equity and postpones interim report

Akelius has mandated Deutsche Bank, Swedbank and Avanza to investigate the market for issuing common shares of a new class D.  

Akelius strives for increasing the rating from BBB to BBB+.

An extraordinary shareholder meeting will be held 2019-09-02 to introduce the class D share in the articles of association and mandate the board to issue class D shares.
The notice convening the meeting will be published separately today.

The interim report for the second quarter will be published 2019-08-23
and not 2019-08-05 as previously communicated in the company calendar. 

The postponed publication is due to the auditors’ review and the prospectus for the contemplated class D share.

Stockholm, 2019-08-01

Leiv Synnes
CFO
+46 70 558 5523
leiv.synnes@akelius.se

This information is information that Akelius Residential Property 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 above, at 08.30 CET on August 1, 2019.

Akelius Residential Property AB’s preference shares are listed on Nasdaq First North.

About Us

Akelius Residential Property AB is one of the largest listed residential real estate companies in Europe with a property portfolio consisting of 48,000 apartments and a fair value of EUR 11 billion. The company owns properties in Sweden, Germany, USA, Canada, England, Denmark and France. Akelius onws apartments for metropolitans. 91 percent of the properties are in cities with more than one million inhabitants, such as Berlin, Hamburg, Munich, Cologne-Düsseldorf, Frankfurt-Mainz, Paris, London, Toronto, Montreal, New York, Boston, Washington D.C., Stockholm and Copenhagen. Akelius' mission is to provide currentand future tenants with better living, bycontinuously upgrading the buildings and theservice. Each year 4,000 apartments are upgraded.

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