Last day of trading and delisting of Aros Bostad's preference shares of class A
Today, 19 July 2021, is the last day of trading in Aros Bostadsutveckling AB's (publ) ("Aros Bostad" or the "Company") preference shares of class A, which today are also delisted from Nasdaq First North Growth Market.
As the Company has previously communicated, the board of directors of the Company has resolved to redeem all 104,041 preference shares of class A.
The redemption amount per share is, as stipulated in the articles of association, SEK 100, SEK 10,404,100 in total for all shares. Payment to holders of preference shares of class A on the record date 21 July 2021 is expected to occur on 26 July 2021.
Timetable
Event | Date |
Last day of trading and delisting of the shares | 19 July 2021 |
Record date | 21 July 2021 |
Payment date | 26 July 2021 |
Erik Penser Bank is Aros Bostad’s Certified Adviser at Nasdaq First North Growth Market. Financial information can be found at www.arosbostad.se/investerare/in-english
For more information, please contact:
Magnus Andersson, CEO, e-mail: magnus.andersson@arosbostad.se, phone: +46 8 400 230 50
Ken Wendelin, CFO/Deputy CEO, e-mail: ken.wendelin@arosbostad.se, phone: +46 73 518 02 70
Anna Åkerlund, Head of Communications & IR, e-mail: anna.akerlund@arosbostad.se, phone: +46 70 778 28 97
Certified Adviser, e-mail: certifiedadviser@penser.se, phone: +46 8 463 83 00
About Aros Bostad
Aros Bostad is a residential developer within the Stockholm area focusing on developing modern, functional and sustainable residential housing in attractive geographical areas, with timeless choices of materials and designs. The Company acquires and develops land into building rights and subsequently into residential housing. With a long-term perspective and responsibility for the entire value chain, Aros Bostad creates a safe deal for home buyers as well as stable returns for the investors. The Company was founded in 2006 and its primary geographical market is the greater Stockholm area and Uppsala. The Company's project portfolio has historically been built up through fund structures in collaboration with institutional investors, as well as through own acquisitions. Aros Bostad has residential development projects in different stages of development corresponding to c. 4,600 units.
Main investors in Aros Bostad's funds is primarily institutional capital from AP1, Varma, SEB Trygg-Liv, SEB Pensionsstiftelse, Östersjöstiftelsen as well as several prominent and financially strong entrepreneurs and investors.
The Company's ordinary shares and preference shares of class A and B are listed on Nasdaq First North Growth Market.