Change in number of shares and votes in Hembla
The number of shares of series B and votes in Hembla AB (publ) has changed during the month of June as a result of the exercise of 710,000 warrants, in exchange for 736,270 shares of series B, within the framework of the company’s incentive program which was adopted at the annual general meeting 2016. As of the last trading day of the month there were in total 92,823,717 shares in the company, whereof 6,136,989 shares of series A and 86,686,728 shares of series B, and 117,371,673 votes in the company.
For more information, please contact
Svein Erik Lilleland, CEO, Phone: +46 (0) 8 121 317 25 E-mail: email@example.com
Hembla AB (publ) discloses the information herein pursuant to Chapter 4, Section 9 of the Swedish Financial Instruments Trading Act. This information was submitted for publication, through the agency of the contact persons set out above, at 17.30 CEST on 28 June 2019.
Hembla is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the company's renovation method which, among other things, means that no evacuation needs to take place. In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK 32,115 million on 31 March 2019. The total rental value amounted to SEK 1,923 million annually on 31 March 2019. The economic occupancy rate is high – vacancies are virtually non-existent. Hembla is listed on Nasdaq Stockholm.