Castellum's Board of Directors proposes that dividends are paused also for 2023

MAR

In light of the changes in the capital market and the rights issue of approximately SEK 10 Bn carried out earlier this year, the Board of Directors will not propose that the Annual General Meeting resolves on any dividends for 2023.

”During the year, the Board of Directors has been working on managing the rapid changes in the capital market and has previously adopted a more stringent financial policy for the company in order to create further stability and secure the company's credit rating, Baa3 stable outlook. In light of the changes in the capital market and the rights issue of approximately SEK 10 Bn carried out earlier this year, the Board of Directors has decided to not propose that the Annual General Meeting resolves on any dividends for 2023”, says Per Berggren, Chairman of the Board of Directors, Castellum AB.

Castellum aims to continue creating shareholder value by actively investing in and developing the property portfolio in Nordic growth regions, at low risk and with a long-term and efficient use of capital.

For further information, please contact:
Per Berggren, Chairman of the Board of Directors, Castellum AB, +46 70-553 80 48
Joacim Sjöberg, CEO, Castellum AB, +46 8-503 052 00

Datum 2023-12-20, kl 19:40
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