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Klovern AB (KLOVb.ST)

KLOVb.ST on Stockholm Stock Exchange

10.42SEK
16 Feb 2018
Change (% chg)

0.23kr (+2.26%)
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10.19kr
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10.22kr
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10.22kr
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8.66kr

Latest Key Developments (Source: Significant Developments)

Klövern AB Klövern Acquires A Property In Copenhagen For Dkk 1,440 Million
Friday, 16 Feb 2018 01:30am EST 

Feb 16 (Reuters) - KLOVERN AB ::KLÖVERN AB: KLÖVERN ACQUIRES A PROPERTY IN COPENHAGEN FOR DKK 1,440 MILLION.  Full Article

Klovern Q4 Pre-Tax Profit Rises To SEK ‍​801 Mln​
Wednesday, 14 Feb 2018 01:30am EST 

Feb 14 (Reuters) - Klovern ::2017 ‍INCOME INCREASED BY 5 PER CENT TO SEK 3,029 MILLION (2,876)​.INCOME INCREASED TO SEK 768 MILLION (738) DURING THE FOURTH QUARTER.2017 ‍PROFIT FROM PROPERTY MANAGEMENT INCREASED BY 7 PER CENT TO SEK 1,263 MILLION (1,180)​.THE OPERATING SURPLUS INCREASED TO SEK 453 MILLION (452) DURING THE FOURTH QUARTER.Q4 PRE-TAX PROFIT SEK ‍​801 MILLION VERSUS SEK 655 MILLION YEAR AGO.Q4 PROFIT FROM PROPERTY MANAGEMENT SEK 262‍​ MILLION VERSUS SEK 262 MILLION YEAR AGO.‍PROPOSES A DIVIDEND OF SEK 0.44 (0.40) PER ORDINARY SHARE TO BE PAID IN FOUR INSTALMENTS OF SEK 0.11​.PROPOSES ‍DIVIDEND OF SEK 20.00 (20.00) PER PREFERENCE SHARE TO BE PAID IN FOUR INSTALMENTS OF SEK 5.00​.  Full Article

Klövern Announces A Revised Mandatory Public Cash Offer To Shareholders Of Tobin Properties
Friday, 9 Feb 2018 12:30pm EST 

Feb 9 (Reuters) - Klovern ::ANNOUNCES A REVISED MANDATORY PUBLIC CASH OFFER TO SHAREHOLDERS OF TOBIN PROPERTIES.‍AS REVISED COMPENSATION, CO OFFERS SEK 22.65 IN CASH/ORDINARY EARNINGS PER SHARE, SEK 108.50 IN CASH/CLASS A PREFERENCE SHARE IN TOBIN NOT ALREADY OWNED BY OFFEROR​.THE OFFER IS FULLY FINANCED BY EXISTING AND AVAILABLE CASH AND THROUGH AVAILABLE CREDIT FACILITIES.  Full Article

Klövern: Mandatory Public Cash Offer To Tobin Shareholders
Friday, 9 Feb 2018 02:00am EST 

Feb 9 (Reuters) - Klovern ::REG-KLÖVERN AB: KLÖVERN ANNOUNCES A MANDATORY PUBLIC CASH OFFER TO THE SHAREHOLDERS OF TOBIN.‍AS COMPENSATION, OFFEROR OFFERS SEK 20 IN CASH PER ORDINARY SHARE AND SEK 108.50 IN CASH PER CLASS A PREFERENCE SHARE IN TOBIN PROPERTIES THAT ARE NOT ALREADY OWNED BY OFFEROR​.‍ANNOUNCES, THROUGH SUBSIDIARY DAGON SWEDEN AB ( "OFFEROR") A MANDATORY PUBLIC CASH OFFER TO SHAREHOLDERS OF TOBIN PROPERTIES AB (PUBL)​.‍MANDATORY PUBLIC CASH OFFER TO TENDER ALL OUTSTANDING ORDINARY SHARES AND CLASS A PREFERENCE SHARES IN TOBIN PROPERTIES TO OFFEROR​.‍TOTAL VALUE OF OFFER CORRESPONDS TO APPROXIMATELY SEK 367,764,557 BASED ON IN TOTAL 13,962,157 OUTSTANDING SHARES IN TOBIN PROPERTIES​.‍OFFEROR OWNS 7,500,000 ORDINARY SHARES IN TOBIN PROPERTIES, REPRESENTING ABOUT 40 PERCENT OF TOTAL NUMBER OF OUTSTANDING SHARES​.  Full Article

Klövern Issues Bonds With Final Maturity In February 2021​
Thursday, 25 Jan 2018 01:30am EST 

Jan 25 (Reuters) - KLOVERN ::KLÖVERN AB: KLÖVERN ISSUES BONDS OF SEK 1,500 MILLION.‍BONDS HAVE TENOR OF ABOUT THREE YEARS AND FLOATING INTEREST RATE OF THREE-MONTHS STIBOR + 350 BASIS POINTS​.‍BONDS HAVE FINAL MATURITY IN FEBRUARY 2021​.  Full Article

Klövern Divests Logistics Property In Mölndal For SEK 643 Mln
Thursday, 21 Dec 2017 01:30am EST 

Dec 21 (Reuters) - Klovern ::KLÖVERN AB: KLÖVERN DIVESTS A LOGISTICS PROPERTY IN MÖLNDAL FOR SEK 643 MILLION.‍RENTAL VALUE AMOUNTS TO SEK 39 MILLION AND ECONOMIC OCCUPANCY RATE AMOUNTS TO 100 PER CENT​.‍TRANSFER OF POSSESSION IS EXPECTED TO TAKE PLACE ON 11 JANUARY 2018​.  Full Article

Tobin Properties signs a contract with Klövern
Wednesday, 6 Dec 2017 01:22am EST 

Dec 6(Reuters) - Tobin Properties AB ::SAID ON TUESDAY SIGNED CONTRACT WITH KLÖVERN AB REGARDING COMMITMENT FOR EMISSION OF SHARES WORTH ABOUT SEK 150 MILLION IN A DIRECTED ISSUE.TO CARRY OUT RIGHT ISSUE OF ABOUT SEK 52 MILLION FULLY GUARANTEED TO KLÖVERN AB.  Full Article

BRIEF-Klovern to buy stake in Tobin Properties
Tuesday, 5 Dec 2017 12:15pm EST 

Refiles to fix headline:KLÖVERN SIGNS A CONTRACT REGARDING A COMMITMENT TO BUY ORDINARY SHARES IN A DIRECTED SHARE ISSUE AND TO GUARANTEE A RIGHTS ISSUE IN TOBIN PROPERTIES.KLOVERN SAYS ‍HAS SIGNED A COMMITMENT TO BUY 7 500 000 ORDINARY SHARES IN A DIRECTED SHARE ISSUE AT A PRICE OF SEK 20 PER SHARE, IN TOTAL SEK 150 MILLION​.KLOVERN SAYS ‍AFTER ISSUE WILL OWN AROUND 40 PER CENT OF NUMBER OF SHARES AND HOLD AROUND 42 PER CENT OF VOTING RIGHTS IN COMPANY​.KLOVERN SAYS ‍INVESTMENT IN TOBIN PROPERTIES NOT AN EXPRESSION OF HOUSING MARKET HAVING BOTTOMED OUT, ON CONTRARY IT IS A WAY TO TAKE ADVANTAGE OF FUTURE OPPORTUNITIES WHICH A PROBABLY WEAK MARKET DURING 2018 WILL OFFER​.  Full Article

Klövern enters into property swap deal with Genova Property Group
Monday, 30 Oct 2017 08:00am EDT 

Oct 30 (Reuters) - KLOVERN AB ::KLÖVERN IN PROPERTY SWAP DEAL WITH GENOVA PROPERTY GROUP IN KISTA AND HUDDINGE.‍ACQUIRES SITE LEASEHOLD TO PROPERTY KNARRARNÄS 6 IN KISTA FOR AN UNDERLYING PROPERTY VALUE OF SEK 108 MILLION​.‍SELLS PROPERTY BRYNJAN 5 IN HUDDINGE FOR AN UNDERLYING PROPERTY VALUE OF SEK 37 MILLION​.  Full Article

Klovern Q3 pre-tax profit up at SEK 692 mln
Thursday, 19 Oct 2017 01:30am EDT 

Oct 19 (Reuters) - KLOVERN :Q3 PROFIT FROM PROPERTY MANAGEMENT SEK 336‍​ MILLION VERSUS SEK 321 MILLION YEAR AGO.Q3 PRE-TAX PROFIT SEK 692 ‍​ MILLION VERSUS SEK 639 MILLION YEAR AGO.Q3 INCOME SEK ‍​743 MILLION VERSUS SEK 708 MILLION YEAR AGO.  Full Article

BRIEF-Klövern AB Klövern Acquires A Property In Copenhagen For Dkk 1,440 Million

* KLÖVERN AB: KLÖVERN ACQUIRES A PROPERTY IN COPENHAGEN FOR DKK 1,440 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)