Balders Chief Financial Officer Magnus Björndahl will resign summer 2020

Because Fastighets AB Balder’s Chief Financial Officer Magnus Björndahl, as a result of his arrest and long custody due to the accusation of alleged gross insider trading by the Public Prosecutor, is suffering from exhaustion and finding it difficult to carry out his duties as Financial Director, he has, in combination with him becoming 63 in August 2020, agreed together with Balder’s CEO Erik Selin that he will terminate his employment during summer 2020. 

This is information that Fastighets AB Balder 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 17.30 CET on 3 July, 2020.

For additional information, please contact:
CEO Erik Selin, phone +46 706 07 47 90 or
Head of Communications Sandra Nilsson, phone +46 31 10 95 80

Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 151.2 billion (123.2) as of 31 March 2020. The Balder share is listed on Nasdaq Stockholm, Large Cap.

Fastighets AB Balder (publ)
PO Box 53 121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
balder.se