Catella AB (publ) - Initiates a written procedure

Catella AB (publ) (the "Company") has instructed the agent for the Company's up to SEK 750,000,000 senior unsecured bonds with ISIN SE0009994718 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of amending the terms and conditions of the Bonds (the "Terms and Conditions").

The proposed amendments to the Terms and Conditions include (i) allowing the Company to make a dividend in an aggregate amount of SEK 103,538,286 for the fiscal year 2018 and (ii) allowing the group to incur debt under profit participating loans or profit participating notes issued by alternative investment funds (providing that certain conditions are fulfilled).

The changes in the Terms and Conditions are made to partly enable a broader product offering and the Company believes that the result for the year 2018 does not reflect the strength of the underlying business where, among other things, fixed income has increased steadily and the result was burdened with costs which relate to 2019 and are attributable to the wind down of the Banking business area.

The agent will deliver the notice to a written procedure to all bondholders on 25 April 2019. The written procedure will commence on 2 May 2019 and end on 23 May 2019. To be eligible to participate in the written procedure a person must fulfil the formal criteria for being a bondholder on 2 May 2019. This means that the person must be registered on a securities account with Euroclear Sweden AB as a direct registered owner (Sw. direktregistrerad ägare) or authorised nominee (Sw. förvaltare) with respect to one or several Bonds.

ABG Sundal Collier AB and Nordea Bank Abp, filial i Sverige have been retained as financial advisors in connection with the written procedure.

The notice to the written procedure is available on the Company's website (www.catella.com).

For more information, please contact:

Marcus Holmstrand, CFO
Telephone: +46 8 463 32 52
Email: marcus.holmstrand@catella.se

Niklas Bommelin, IR
Telephone: +46 8 463 34 26
Email: niklas.bommelin@catella.se

This is information that Catella 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 4:25 p.m. CET on 25 April 2019.

Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 190 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

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Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 200 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.

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