On 23 November 2021, Wästbygg Gruppen AB (publ) (“Wästbygg Gruppen” or the “Company”) issued senior unsecured bonds in the amount of MSEK 500 with ISIN SE0016798227 (the “Bonds”) under a framework of MSEK 800.
Läs merThe Board of Directors of Wästbygg Gruppen AB (publ) (“Wästbygg” or “the Company”) has resolved to use the authorization granted by the Extraordinary General Meeting on October 21, 2021, to acquire own shares. The Company may not at any time hold more than 10 percent of the Company's shares. The total number of shares in Wästbygg amounts to 32,340,165 and Wästbygg does not hold any own shares at the time of this press release.
Läs merWästbygg Gruppen AB (publ) (“Wästbygg Gruppen” or the “Company”) has today successfully issued senior unsecured green bonds of SEK 500m under a framework of SEK 800m with maturity in November 2024 (the “Bonds”). The Bonds have a floating interest rate of 3 months STIBOR plus 450 basis points. An amount equivalent to the net proceeds will be used in accordance with the Company’s Green Finance Framework.
Läs merWästbygg Gruppen AB (publ) (“Wästbygg Gruppen” or the “Company”) announces that the Company has mandated Swedbank AB (publ) as sole bookrunner to arrange investor meetings commencing on 10 November, to investigate the possibility to issue a senior unsecured green bond of [up to SEK 500m], under a framework of SEK 800m, with a floating interest rate and a tenor of three years. A capital market transaction may follow, subject to i.a. market conditions.
Läs merThe Wästbygg Group presents its interim report today for the period January-September 2021.
Läs merAccording to the Instruction and Rules of Procedure for the Nomination Committee, the committee is to consist of four members representing the three largest shareholders as of the final working day in September, in addition to the Chairman of the Board. If any of the three largest shareholders do not wish to exercise their right to appoint a member, the right to appoint such a member then passes to the next largest shareholder.The Nomination Committee...
Läs merLogistic Contractor AS, which belongs to the Wästbygg Group, has signed an agreement to acquire approximately 266,000 sqm of land just north of Gardermoen Airport in Norway. There is a local development plan for the land and the seller has begun the preliminary ground preparations. The purchase price is approximately NOK 233 million.
Läs merAn Extraordinary General Meeting was held in Wästbygg Gruppen AB (publ) on October 21, 2021. Due to the extraordinary situation prevailing because of covid-19 the Extraordinary General Meeting was held by postal voting and without any physical attendance. A summary of the decisions made at the Extraordinary General Meeting follows below. All resolutions have been made with required majority and in accordance with the proposals set forth by the Board of Directors and Nomination Committee.
Läs merIn the notice convening the Extraordinary General Meeting of Wästbygg Gruppen AB (publ) published on September 27, 2021, the company has under item 7 expressed the available amount according to Ch. 17 Sec. 3 of the Swedish Companies Act as the unrestricted equity for the group as of June 30, 2021. The correct figure shall refer to the unrestricted equity for Wästbygg Gruppen AB (publ) as of December 31, 2020 after dividends which in accordance with the the annual report for 2020 amounts to SEK 1,311,707,763. The notice is otherwise unchanged from the release on September 27, 2021. The corrected notice in its entirety follows below.
Läs merThe shareholders of Wästbygg Gruppen AB (publ), reg. no. 556878-5538, (the “Company”) are hereby given notice to attend the extraordinary general meeting to be held on 21 October 2021, by completing a form for postal voting and mailing it to the Company. A shareholder that wishes to attend the extraordinary general meeting may only do so by completing the form for postal voting and mailing it to the Company prior to the meeting, no physical attendance is allowed.
Läs merToday, 24 September, Wästbygg has entered an agreement to acquire all shares in Rekab Entreprenad from its owner, Trekcyd AB. The total purchase price is SEK 230 million. Rekab, which employs 175 people, is one of the leading construction companies in northern Sweden and has local offices in Umeå, Sundsvall, Örnsköldsvik, Skellefteå and Luleå.
Läs merThe Wästbygg Group presents its interim report today for the period January - June 2021.
Läs merWästbygg AB is selling its self-developed residential project Journalen 1 in Sege Park, Malmö, to Lansa Fastigheter through a forward funding arrangement. Journalen 1 comprises an entire block of 177 rental apartments and it will have Silver level certification according to Miljöbyggnad. The agreed property value is approximately SEK 400 million.
Läs merWästbygg AB has signed an agreement with Niam to acquire building rights in northern Stockholm. The building rights are divided into two tenant-owner associations with a total of 89 apartments. The agreed property value is approximately SEK 310 million.
Läs merLogistic Contractor, part of the Wästbygg Group, has signed a collaboration agreement with state-owned Orio AB to develop approximately 400,000 sqm of land in Nyköping – Nyköping Logistics Park – in a joint venture. The development work will be carried out through a joint project company. The land is currently owned by Orio and is directly adjacent to its current warehouse and distribution centre. Under the agreement, Logistic Contractor commits to pay Orio a total of about SEK 200 million over a five-year period, depending on the area developed.
Läs merLogistic Contractor, part of the Wästbygg Group, has acquired 133,000 sqm of land in an industrial area just east of Enköping through the purchase of the project company Sneden AB. The purchase consideration is SEK 165 million and Logistic Contractor will take possession of the project company on 28 May. The seller is KGK Fastigheter.
Läs merLogistic Contractor, a company in the Wästbygg Group, has signed a contract with kitchen specialist Nobia for the construction of their new production facility south of Jönköping. It will have an area of 123,000 sqm and will be built on a single level. The order value is approximately SEK 460 million. The building is to be certified according to the BREEAM Very Good standard, which focuses strongly on sustainability in line with both Nobia’s and Logistic Contractor’s high ambitions in this area.
Läs merPress release 2021-05-06
Läs merThe Wästbygg Group presents its interim report today for the period January-March 2021.
Läs merIn January, the decision to merge our construction and project development activities within Residential and Commercial, into a joint organisation was announced. Joakim Efraimsson has now been appointed Managing Director of Wästbygg AB, our recently merged business. Joakim will commence his new assignment and a seat in the Group Management team on June 1 this year. Jörgen Andersson, CEO, who since the merger temporarily held the position as Managing Director of Wästbygg AB, will return to focus entirely on his duties as CEO of the Wästbygg Group.
Läs merThe shareholders of Wästbygg Gruppen AB (publ), reg. no. 556878-5538, (the “Company”) are hereby given notice to attend the annual general meeting to be held on Thursday, May 6, 2021, by completing a form for postal voting and mailing it to the Company. A shareholder that wishes to attend the annual general meeting may only do so by completing the form for postal voting and mailing it to the Company prior to the meeting, no physical attendance is allowed.
Läs merThe Wästbygg Group presents its year-end report for 2020.
Läs merWästbygg Gruppen has decided to merge its property construction and project development organisations focused on the residential and commercial segments, which up until now were run by two separate organisations, Wästbygg AB and Wästbygg Projektutveckling AB. This change will be effective from 1 February.
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