The Board of Atrium Ljungberg AB has decided to acquire own shares
At the Board meeting on 14 October 2020, the Board of Atrium Ljungberg has decided to use the authorization for repurchase of own shares granted at the Annual General Meeting on 25 March 2020.
Acquisitions may only take place, on one or more occasions, of Series B shares in Atrium Ljungberg, however no later than the Annual General Meeting 2021. In total, Atrium Ljungberg may acquire so many Series B shares that the company's holding at any time does not exceed 10 percent of all shares. in the company. Atrium Ljungberg currently holds 3,500,000 shares. Acquisitions may only take place at a price within the price interval registered at any given time, by which is meant the interval between the highest purchase price and the lowest selling price. Payment for repurchased shares must be paid in cash.
The purpose of the authorization is to give the Board increased room for maneuver in the work with the company's capital structure and thereby contribute to increased shareholder value.
Nacka, 15 October 2020
Atrium Ljungberg AB (publ)
This disclosure contains information that Atrium Ljungberg AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 15-10-2020 08:00 CET.
For further information, please contact:
Annica Ånäs, CEO, Atrium Ljungberg, +46 (0)70-341 53 37
Martin Lindqvist, CFO, Atrium Ljungberg, +46 (0) 70- 927 60 09
Atrium Ljungberg is one of Sweden’s biggest listed property companies. We own, develop and manage properties in growth markets in Stockholm, Gothenburg, Malmö and Uppsala. Our focus is on developing attractive urban environments for offices and retail, supplemented with residentials, culture, service and education. The total letting area is approximately 1.1 million square metres valued at SEK 46 billion. Our areas include more than 30,000 workers and students as well as 1,000 residents. Our project portfolio will enable us to invest the equivalent of approximately SEK 36 billion in the future. Atrium Ljungberg is listed as ATRLJ-B.ST on the NASDAQ Stockholm Large Cap list. Find out more at www.al.se