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Norwegian Property ASA (NPRO.OL)

NPRO.OL on Oslo Stock Exchange

10.20NOK
18 Aug 2017
Change (% chg)

kr0.30 (+3.03%)
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Volume
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kr11.25
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Latest Key Developments (Source: Significant Developments)

Norwegian Property Q2 profit after tax down at NOK 258.5 mln
Wednesday, 12 Jul 2017 01:30am EDT 

July 12 (Reuters) - NORWEGIAN PROPERTY ASA ::APPROVED A DIVIDEND OF NOK 0.07 PER SHARE TO BE DISTRIBUTED TO REGISTERED SHAREHOLDERS AS OF 12 JULY 2017​.PROFIT AFTER INCOME TAX FOR Q2 2017 CAME TO NOK 258.2 MILLION (COMPARED TO NOK 288.8 MILLION IN SAME QUARTER 2016).  Full Article

CEO leaves Norwegian Property
Wednesday, 7 Jun 2017 06:32am EDT 

June 7 (Reuters) - NORWEGIAN PROPERTY ASA ::CEO LEAVES NORWEGIAN PROPERTY.SVEIN HOV SKJELLE HAS COMMUNICATED TO BOARD OF DIRECTORS IN NORWEGIAN PROPERTY THAT HE INTENDS TO LEAVE POSITION AS CEO.BOARD WILL IMMEDIATELY START RECRUITMENT OF A SUCCESSOR AS CEO.SKJELLE HAS AGREED WITH BOARD OF DIRECTORS THAT HE WILL LEAVE POSITION AT LATEST IN DECEMBER 2017.  Full Article

Norwegian Property successful placement of new secured bonds
Thursday, 18 May 2017 09:30am EDT 

May 18 (Reuters) - Norwegian Property Asa ::NPRO: SUCCESSFUL PLACEMENT OF NEW SECURED BONDS.PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES AND REFINANCING OF EXISTING DEBT.HAS ISSUED NEW NOK 670 MILLION, 7 YEAR SENIOR SECURED BOND.NORWEGIAN PROPERTY - BONDS SPLIT INTO 1 FIXED RATE TRANCHE OF NOK 450 MILLION PRICED WITH COUPON OF 2.95% AND 1 FLOATING RATE TRANCHE OF NOK 220 MILLION PRICED WITH COUPON OF 3 MONTH NIBOR PLUS 1.44 % P.a.  Full Article

Norwegian Property Q1 oper profit before fair value adjustments NOK 153.7 mln, below expectations
Friday, 5 May 2017 01:30am EDT 

May 5 (Reuters) - NORWEGIAN PROPERTY ASA :Q1 OPERATING PROFIT BEFORE FAIR VALUE ADJUSTMENTS NOK 153.7 MILLION (REUTERS POLL NOK 163 MILLION).Q1 REVENUE NOK 196.6 MILLION VERSUS NOK 230.5 MILLION YEAR AGO.  Full Article

Norwegian Property enters into a loan agreement
Tuesday, 20 Dec 2016 01:30am EST 

Norwegian Property ASA : Entered into a new loan agreement with DNB Bank ASA and Danske Bank, Norwegian Branch . Agreement includes a term loan of 2.40 billion Norwegian crowns ($275 million) and a revolving credit facility of 400 million crowns . Loan will be used for refinancing existing loans with same banks. .Duration of new loan agreement is 3 years.  Full Article

Geveran buys 1.5 million shares in Norwegian Property
Friday, 11 Nov 2016 01:45am EST 

Norwegian Property ASA : Geveran Trading Co Ltd has on Nov 10 acquired 1.5 million shares in Norwegian Property at a price of 10.15 Norwegian crowns ($1.21) per share .Following transaction, Geveran holds 314,418,411 shares in Norwegian Property, representing about 57.33 percent of issued shares in Norwegian Property.  Full Article

Norwegian Property: preliminary Q3 profit before tax up at NOK 260.7 mln
Thursday, 13 Oct 2016 03:02am EDT 

Norwegian Property ASA : Preliminary Q3 profit for period (after tax) was 195.7 million Norwegian crowns ($24.18 million) versus 71.2 million crowns year ago .Preliminary profit before tax was 260.7 million crowns in Q3 2016 (improvement from 76.5 million crowns in same quarter in 2015).  Full Article

Norwegian Property: the offer of the Norwegian Property shares not fair
Wednesday, 5 Oct 2016 01:56am EDT 

Norwegian Property ASA : Board of Norwegian Property does not recommend the shareholders of Norwegian Property to accept offer from Geveran Trading Co Ltd .Based on Swedbank's fairness opinion, it is the Board's overall assessment that the offer of the Norwegian Property shares is not fair.  Full Article

Norwegian Property: Geveran Trading launches mandatory offer
Thursday, 22 Sep 2016 01:34am EDT 

Norwegian Property ASA : Said on Wednesday, Geveran Trading Co Ltd (Geveran) has launched mandatory offer to acquire all issued and outstanding shares in Norwegian Property at 10.80 Norwegian crowns ($1.3) per share .Offer period in mandatory offer runs from and including Sept. 22, 2016 to and including Oct. 20, 2016 at 16:30 hours (CET) (subject to extension).  Full Article

DNB sells 5.25 pct stake in Norwegian Property
Tuesday, 6 Sep 2016 01:20am EDT 

Norwegian Property ASA : Said on Monday DNB Bank ASA, DNB Markets sold on Sept. 5 total of 28.8 million shares in Norwegian Property, corresponding to 5.25 pct of company's share capital and votes .Following transaction, DNB-group's holding in Norwegian Property is 0.01 pct.  Full Article

BRIEF-Norwegian Property Q2 profit after tax down at NOK 258.5 mln

* APPROVED A DIVIDEND OF NOK 0.07 PER SHARE TO BE DISTRIBUTED TO REGISTERED SHAREHOLDERS AS OF 12 JULY 2017​