Nasdaq Stockholm approves Hembla’s application for delisting of Hembla’s shares
On 18 December 2019, Hembla AB (publ) (“Hembla”) announced that the board of directors of Hembla has applied for delisting of the Hembla’s shares from Nasdaq Stockholm. On 19 December 2019, Nasdaq Stockholm has approved such application for delisting and has decided that the last day of trading of Hembla’s shares will be 10 January 2020.
Stockholm on 19 December 2019
Hembla AB (publ)
The board of directors
For further information, please contact
Jenny Wärmé, Head of Legal & Corporate Affairs, tfn +46 708 43 12 18
The information was released for publication on 19 December 2019 at 15.00 (CET).
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 33,508 million on 30 September 2019. The total rental value amounted to SEK 1,967 million annually on 30 September 2019. The economic occupancy rate is high – vacancies are virtually non-existent. Hembla is listed on Nasdaq Stockholm.