Kungsleden applies for de-listing
Following that Castellum AB (publ) controls more than 90 percent of the shares in Kungsleden AB (publ) and has initiated compulsory redemption of the remaining shares in the company, the Board of Kungsleden has resolved to apply for de-listing of the company’s shares from Nasdaq Stockholm.
On 10 November 2021, Castellum announced that the company holds more than 90 percent of the total number of outstanding shares and votes in Kungsleden and declared the public offer for Kungsleden unconditional and completed the offer. As per 19 November 2021, Castellum controls approximately 96.5 percent of the total number of outstanding shares and votes in Kungsleden. Castellum has also initiated compulsory redemption of the remaining shares in Kungsleden.
In light of the above, and in accordance with Castellum's request, the Board of Kungsleden has resolved to apply for de-listing of the company’s shares from Nasdaq Stockholm. The last day of trading in Kungsleden’s shares on Nasdaq Stockholm will be announced as soon as the company has received confirmation thereof from Nasdaq Stockholm.
As previously announced, the Board of Kungsleden has, at Castellum's request, convened an Extraordinary General Meeting to be held on 10 December 2021, in order to, amongst other things, elect a new Board. For more information, please see the separate press release with the notice to the Extraordinary General Meeting.
For more information, please contact:
Charlotte Axelsson, Chairman of the Board, Kungsleden, +46 70 222 64 88, charlotte.axelsson@kungsleden.se
Anna Trane, Head of Corporate Communications, Kungsleden, +46 708 84 74 69, anna.trane@kungsleden.se
ABOUT KUNGSLEDEN. We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 30 September 2021, we owned 207 properties with a total value of SEK 43,182 million. Kungsleden (KLED) is listed on the Nasdaq Stockholm Large Cap. Read more at www.kungsleden.se