Hemfosa’s ordinary share is traded without the right to distribution of shares in Nyfosa
As of today Hemfosa’s ordinary share is traded excluding the right to distribution of shares in the subsidiary Nyfosa AB. The last day of trading in Hemfosa’s ordinary share with the right to distribution of shares in Nyfosa was yesterday November 19, 2018.
The record date for receiving shares in Nyfosa is November 21, 2018 and the first day of trading in Nyfosa’s shares on Nasdaq Stockholm is November 23, 2018.
One (1) ordinary share in Hemfosa will entitle the holder to one (1) share in Nyfosa. The distribution means splitting the Group into two listed companies: one company to specialize in community service properties (Hemfosa) and one transaction-based, opportunistic company (Nyfosa). The Board believes that a demerger of Hemfosa and a separate listing of Nyfosa will create better conditions for growth and for capitalising on business opportunities in both the commercial property market and in the market for community service properties.
For further information, please contact:
Bengt Kjell, Chairman of the Board, mobile +46 70 594 53 98
Caroline Arehult, CEO, mobile +46 70 553 80 26, email@example.com
About Hemfosa Fastigheter
Hemfosa is a Swedish property company focused on community service properties in the Nordic region, with the Swedish state and municipalities as its largest tenants. This provides stable revenue flows and a healthy yield. Hemfosa also aims to create value through active participation in the transaction market. At September 30, 2018, Hemfosa owned properties with a total property value of approximately SEK 35.6 billion. The company’s ordinary share has been listed since March 2014, and the preference share since December 2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se