This interim information for the period January - September 2021 has been prepared for the purpose of complying with the terms of Klövern AB's (publ) bond and loan agreements. On 29 March 2021, Corem Property
Klövern AB (publ): Klövern - Notice of results of written procedure
On 11 May 2021 a notice of written procedure was sent to the bondholders in Klövern AB (publ) s (
Klövern ) senior secured bond loan issued in October 2019 in the amount USD 50,000,000 with ISIN NO0010866205 (the
Bond Loan ). The bondholders have unanimously agreed to the requested amendments in the notice including increasing the amount that can be issued under the Bond Loan to USD 100,000,000 and that the Final Maturity Date is prolonged until 15 July 2023. The amended terms and conditions are valid from 12 May 2021. In connection herewith the amounts for granted security are increased. The written procedure is thus finalised.
At the Annual General Meeting of Klövern AB (publ) on 28 April 2021 the following decisions were made, among others. Dividend A dividend of SEK 0.26 per ordinary share of Class A and Class B and
After conversion of 1,226,625 Class A ordinary shares to Class B ordinary shares during the month of February the total number of shares in Klövern as of 26 February 2021 amounts to 1,138,697,289, of which
Klövern AB (publ): Year-end Report January - December 2020
» Income amounted to SEK 3,294 million (3,638). The decline is due to divestment of properties during 2019, including the whole portfolio in Karlstad and all investment properties in Örebro which together accounted for SEK 278 million of income in 2019. For a comparable portfolio, i.e. properties owned for the whole of 2019 and 2020, income was stable and amounted to SEK 3,128 million (3,150).
» The operating surplus amounted to SEK 2,194 million (2,463). For a comparable portfolio, the operating surplus amounted to SEK 2,113 million (2,121).
» Profit from property management amounted to SEK 1,269 million (1,462).
» Profit before tax amounted to SEK 2,467 million (3,431) and net profit, attributable to the parent company s shareholders, totalled SEK 1,908 million (3,002), corresponding to SEK 1.67 (2.92) per ordinary share.