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Eastnine AB (publ) (EAST9.ST)

EAST9.ST on Stockholm Stock Exchange

82.80SEK
19 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Eastnine Board Will Propose Ordinary Dividend For 2017 Of Sek 2.10 Per Share
Friday, 16 Feb 2018 02:00am EST 

Feb 16 (Reuters) - EASTNINE AB ::BOARD WILL PROPOSE TO AGM AN ORDINARY DIVIDEND FOR 2017 OF SEK 2.10 PER SHARE, WITH SEMI-ANNUAL PAYMENTS.Q4 NET ASSET VALUE (NAV) PER SHARE WAS SEK 103.9, OR EUR 10.57.  Full Article

Eastnine Acquires Properties In Riga
Friday, 2 Feb 2018 08:30am EST 

Feb 2 (Reuters) - EASTNINE AB (PUBL) ::EASTNINE TO ACQUIRE ALOJAS BIZNESA CENTRS IN RIGA.TOTAL PURCHASE PRICE IS EUR 29.6M.‍TRANSACTION IS EXPECTED TO CLOSE DURING Q1 2018​.  Full Article

Eastnine Q3 operating result swings to profit of EUR 3.3‍​ mln
Thursday, 9 Nov 2017 02:00am EST 

Nov 9 (Reuters) - EASTNINE AB (PUBL) :Q3 OPERATING PROFIT EUR 3.3‍​ MILLION VERSUS LOSS EUR 2 MILLION YEAR AGO.‍NET ASSET VALUE PER SHARE WAS EUR 9.79, AN INCREASE OF 2.2% FROM Q2​.  Full Article

Eastnine: new dividend policy and financial targets
Tuesday, 26 Sep 2017 08:30am EDT 

Sept 26 (Reuters) - EASTNINE AB (PUBL) :EASTNINE INTRODUCES NEW DIVIDEND POLICY AND FINANCIAL TARGETS, AND AMENDS ITS BUYBACK PROGRAM.‍DIVIDEND SHALL CORRESPOND TO AT LEAST 50% OF PROFIT FROM PROPERTY MANAGEMENT​.DECIDED TO ‍REMOVE CURRENT 20 PERCENT DISCOUNT HURDLE IN ITS BUYBACK PROGRAM​.‍DURING BUILD-UP PHASE, ANNUAL DIVIDEND SHALL BE AT LEAST 2.0% OF NET ASSET VALUE AT PRECEDING YEAR-END​.‍UNTIL FURTHER NOTICE, EASTNINE WILL CONTINUE BUYBACK PROGRAM THAT COMPANY STARTED IN MAY 2016​.‍FINANCIAL TARGET FOR DIRECT REAL ESTATE INVESTMENTS IS THAT LOAN-TO-VALUE SHALL NOT EXCEED 65% ON PORTFOLIO LEVEL​.SAYS WILL, AFTER CURRENT BUYBACK MANDATE EXPIRES ON 30 SEPTEMBER 2017, REMOVE 20 PERCENT DISCOUNT HURDLE​.‍FINANCIAL TARGET FOR DIRECT REAL ESTATE INVESTMENTS IS THAT PROFIT FROM PROPERTY MANAGEMENT CAPACITY SHALL REACH EUR 15M BY END OF 2020​.  Full Article

Eastnine Q2 operating loss narrows to EUR 5.5 mln
Wednesday, 30 Aug 2017 02:00am EDT 

Aug 30 (Reuters) - EASTNINE AB (PUBL) : :Q2 NET ASSET VALUE (NAV) PER SHARE WAS EUR 9.59.Q2 OPERATING LOSS EUR 5.5 MILLION VERSUS LOSS EUR 7.3 MILLION YEAR AGO.  Full Article

Kestutis Sasnauskas to become new CEO of Eastnine
Monday, 3 Jul 2017 07:00am EDT 

July 3 (Reuters) - EASTNINE AB (PUBL) ::KESTUTIS SASNAUSKAS TO BECOME NEW CEO OF EASTNINE.  Full Article

East capital explorer becomes Eastnine
Thursday, 1 Jun 2017 02:00am EDT 

June 1 (Reuters) - EAST CAPITAL EXPLORER ::EAST CAPITAL EXPLORER BECOMES EASTNINE.EAST CAPITAL EXPLORER CHANGES ITS NAME TO EASTNINE AB (PUBL), WITH NEW NASDAQ STOCKHOLM TICKER SYMBOL "EAST".  Full Article

East Capital Explorer Q1 oper profit EUR 2.6 million
Tuesday, 9 May 2017 02:00am EDT 

May 9 (Reuters) - EAST CAPITAL EXPLORER :Q1 NET PROFIT EUR 2.7 MILLION VERSUS LOSS EUR 175,000 YEAR AGO.Q1 OPERATING PROFIT EUR 2.6 MILLION VERSUS LOSS EUR 0.2 MILLION YEAR AGO.Q1 NET ASSET VALUE (NAV) PER SHARE, ADJUSTED FOR SHARE BUYBACKS, WAS EUR 9.83, AN INCREASE OF 1.7% DURING THE QUARTER..  Full Article

East Capital Explorer to acquire office property Vertas in Vilnius
Thursday, 6 Apr 2017 02:00am EDT 

EAST CAPITAL EXPLORER : ECEX TO ACQUIRE OFFICE PROPERTY VERTAS IN VILNIUS . PROPERTY VERTAS IN VILNIUS MAY INITIALLY BE FINANCED BY 100% EQUITY . TRANSACTION IS EXPECTED TO CLOSE DURING SUMMER. .PURCHASE PRICE IS EUR 29 MILLION, CORRESPONDING TO A YIELD OF APPROXIMATELY 6.5%.  Full Article

East Capital Explorer sells stake in Trev-2 Group
Thursday, 16 Mar 2017 07:00am EDT 

East Capital Explorer : Sold its 38-percent stake in Estonian road construction company Trev-2 Group to Baltcap . Says transaction realised a gross IRR of 2 percent and has no effect on NAV .Sold stake for a cash consideration of 5.7 million euros ($6.11 million).  Full Article

BRIEF-Eastnine Board Will Propose Ordinary Dividend For 2017 Of Sek 2.10 Per Share

* BOARD WILL PROPOSE TO AGM AN ORDINARY DIVIDEND FOR 2017 OF SEK 2.10 PER SHARE, WITH SEMI-ANNUAL PAYMENTS