D. Carnegie & Co repays convertible subordinated loans

D. Carnegie & Co AB (publ) – listed on Nasdaq Stockholm – has today carried out
the previously announced repayment of three convertible subordinated loans. The
repayment is made in accordance with what was announced on 25 February 2016,
save for that the repayment, for practical reasons, is made one day earlier than
what was then announced. As a consequence of the repayment, no conversion into
shares will occur and the convertible subordinated loans will be cancelled.
For further information, please contact:
Ulf Nilsson, CEO, D. Carnegie & Co, tel: +46 (0)8 121 317 25
About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the
Greater Stockholm region and other growth areas. The company’s business concept
is to own property portfolios slated for a gradual renovation of apartments in
conjunction with the natural turnover of tenants. This can take place quickly
and cost-efficiently thanks to extensive experience from the Bosystem renovation
method which, among other things, means that no evacuation needs to take place.
In addition to this, the company creates value through the development of
building rights in existing portfolios. The market value of the company’s
properties amounted to MSEK 1,360 on 1 December 2015. The total rental value
amounted to MSEK 1,292 on 30 September 2015 annually. The economic occupancy
rate is high – vacancies are virtually non-existent. D. Carnegie & Co is listed
on Nasdaq Stockholm.