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Pandox AB (PANDXb.ST)

PANDXb.ST on Stockholm Stock Exchange

148.80SEK
16 Feb 2018
Change (% chg)

2.40kr (+1.64%)
Prev Close
146.40kr
Open
148.00kr
Day's High
150.00kr
Day's Low
146.00kr
Volume
213,448
Avg. Vol
125,337
52-wk High
161.70kr
52-wk Low
134.30kr

Latest Key Developments (Source: Significant Developments)

Pandox ‍Oct-Dec Revenue From Property Management Amounted To Msek 571 (458)​
Thursday, 15 Feb 2018 01:00am EST 

Feb 15 (Reuters) - PANDOX AB ::‍OCT-DEC REVENUE FROM PROPERTY MANAGEMENT AMOUNTED TO MSEK 571 (458)​.‍OCT-DEC EBITDA AMOUNTED TO MSEK 597 (464).​.‍BOARD OF DIRECTORS IS PROPOSING A FY DIVIDEND OF SEK 4.40 (4.10) PER SHARE, TOTAL MSEK 737 (646).​.  Full Article

Pandox Completes Acquisition Of Hotel Portfolio In UK And Ireland
Wednesday, 20 Dec 2017 08:00am EST 

Dec 20 (Reuters) - Pandox Ab ::PANDOX AB (PUBL) HAS COMPLETED PREVIOUSLY ANNOUNCED ACQUISITION OF HOTEL PORTFOLIO IN THE UK AND IRELAND.  Full Article

Pandox evaluates conditions to carry out directed share issue
Thursday, 14 Dec 2017 11:31am EST 

Dec 14 (Reuters) - Pandox ::PANDOX EVALUATES THE CONDITIONS TO CARRY OUT A DIRECTED SHARE ISSUE.SAYS ‍HAS MANDATED ABG SUNDAL COLLIER, DNB MARKETS, HANDELSBANKEN CAPITAL MARKETS AND SKANDINAVISKA ENSKILDA BANKEN TO EVALUATE CONDITIONS FOR A DIRECTED ISSUE OF NOT MORE THAN 10,000,000 CLASS B SHARES​.SAYS ‍COMPANY INTENDS TO USE POTENTIAL PROCEEDS TO FINANCE ACQUISITIONS AND INCREASE COMPANY'S FINANCIAL FLEXIBILITY TO ENABLE CONTINUED VALUE CREATION.EIENDOMSSPAR SVERIGE AB AND CHRISTIAN SUNDT AB HAVE IN ADDITION EXPRESSED THEIR INTEREST IN SUBSCRIBING FOR SHARES CORRESPONDING TO NOT MORE THAN MSEK 225 IN TOTAL.AMF HAS EXPRESSED INTEREST IN SUBSCRIBING FOR SHARES CORRESPONDING TO NOT MORE THAN MSEK 225.ALECTA, HANDELSBANKEN FONDER AND SWEDBANK ROBUR HAVE FURTHER EXPRESSED INTEREST IN SUBSCRIBING FOR SHARES IN THE SHARE ISSUE​.  Full Article

Pandox Acquires Hotel Portfolio In The UK And Ireland
Wednesday, 13 Dec 2017 08:40am EST 

Dec 13 (Reuters) - PANDOX AB ::(PUBL) ACQUIRES HOTEL PORTFOLIO IN THE UK AND IRELAND WITH FATTAL HOTELS GROUP AS OPERATING PARTNER.‍TOTAL ACQUISITION PRICE AMOUNTS TO MGBP 800 ON A DEBT FREE BASIS,​.‍TRANSACTION IS MADE WITH FATTAL HOTELS GROUP ("LEONARDO") AS OPERATING PARTNER​.- ‍ACQUISITION IS FULLY FINANCED BY A NEW BANK LOAN, EXISTING CREDIT FACILITIES AND A LOAN FROM LEONARDO OF MGBP 120.‍WHOLE CASH EARNINGS ARE EXPECTED TO INCREASE BY APPROXIMATELY MSEK 200 DURING 2018​.  Full Article

Pandox considers acquiring hotel portfolio in UK and Ireland
Tuesday, 21 Nov 2017 02:30am EST 

Nov 21 (Reuters) - PANDOX AB ::PANDOX AB (PUBL) IS EVALUATING THE POSSIBILITIES FOR A MAJOR ACQUISITION.‍ACQUISITION CONCERNS A HOTEL PORTFOLIO FOCUSED ON LARGER CITIES IN GREAT BRITAIN AND REPUBLIC OF IRELAND​.‍CURRENT NEGOTIATIONS MAY NOT NECESSARILY LEAD TO AN AGREEMENT​.IT IS NOT CERTAIN THAT TRANSACTION WILL BE SUCCESSFULLY CONCLUDED​.  Full Article

Pandox ‍Q3 EBITDA rises to SEK 610 mln​
Friday, 10 Nov 2017 01:00am EST 

Nov 10 (Reuters) - PANDOX AB :‍Q3 REVENUE FROM PROPERTY MANAGEMENT AMOUNTED TO MSEK 589 (479)​.‍Q3 NET OPERATING INCOME FROM PROPERTY MANAGEMENT AMOUNTED TO MSEK 511 (409)​.‍Q3 EBITDA AMOUNTED TO MSEK 610 (512)​.  Full Article

Pandox gets positive outcome in bankrupcy case from Oslo Court‍​
Wednesday, 11 Oct 2017 02:00am EDT 

Oct 11 (Reuters) - PANDOX AB :GETS POSITIVE OUTCOME IN BANKRUPCY CASE FROM OSLO COURT‍​.  Full Article

Pandox acquires Hilton London Heathrow Airport for GBP 80 mln
Monday, 17 Jul 2017 02:00am EDT 

July 17 (Reuters) - PANDOX AB ::PANDOX AB (PUBL) ACQUIRES HILTON LONDON HEATHROW AIRPORT FOR MGBP 80.PURCHASE PRICE AMOUNTS TO MGBP 80, CORRESPONDING TO APPROXIMATELY MSEK 865, AND IS FINANCED BY EXISTING CREDIT FACILITIES.ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q3 2017.FOR 2017 HOTEL IS EXPECTED TO CONTRIBUTE EQUIVALENT OF APPROXIMATELY MSEK 50 IN RENTAL INCOME AND MSEK 48 IN NET OPERATING INCOME, ON AN ANNUALISED BASIS.ACQUISITION OF HOTEL PROPERTY IS MADE BY ACQUISITION OF SHARES IN A COMPANY OWNED BY AN INSTITUTIONAL INVESTOR WITH AN UNDERLYING PROPERTY VALUE OF MGBP 80.  Full Article

Pandox Q1 EBITDA rises to SEK 450 million
Thursday, 4 May 2017 01:08am EDT 

May 4 (Reuters) - PANDOX AB :Q1 REVENUE FROM PROPERTY MANAGEMENT SEK 474 MILLION VERSUS SEK 386 MILLION YEAR AGO.Q1 EBITDA SEK 450 MILLION VERSUS SEK 350 MILLION YEAR AGO.  Full Article

Pandox to buy Silken Berlaymont hotel in Brussels
Friday, 7 Apr 2017 02:00am EDT 

PANDOX AB : PANDOX AB (PUBL) PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS FOR MEUR 32.7 . PURCHASE PRICE AMOUNTS TO MEUR 32.7, CORRESPONDING TO APPROXIMATELY MSEK 315, AND IS FINANCED BY EXISTING CREDIT FACILITIES . TRANSACTION AND TRANSFER OF POSSESSION ARE EXPECTED TO BE COMPLETED AT END OF MAY 2017 . PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS, BELGIUM . FOR 2017 HOTEL IS EXPECTED TO CONTRIBUTE EQUIVALENT OF APPROXIMATELY MSEK 70 IN REVENUE AND MSEK 10 IN CASH EARNINGS ON AN ANNUALIZED BASIS .SELLER IS HOTEL BERLAYMONT SA/URVASCO HOTEL SA VIA TRUSTEE WHERE PANDOX HAS RECEIVED NECESSARY COURT APPROVAL TO ENTER INTO AN AGREEMENT TO ACQUIRE HOTEL.  Full Article