Catella takes further steps towards simplified structure with return of banking license and sale of remaining shares of Catella Fondförvaltning AB

SOLNA, Sweden, January 10, 2022 / PRNewswire / – As previously communicated, a decision on withdrawing approval as a credit institution from the ECB was expected at the end of 2021. This decision was received during the fourth quarter of 2021 and means that Catella does not is no longer under surveillance as a credit institution.

In addition, with reference to the press release issued on 06/10/2020, Catella has used the right to sell the remaining 30 percent of the shares of Catella Fondförvaltning AB for 60 million Swedish kronor to Athanase.

“I am delighted that we have taken extra steps on our journey to a real estate company. In the future, we can fully devote our resources to the development and growth of our three business areas: Catella’s corporate finance advisory services, management of real estate investments with assets under the direction of 112 billion Swedish kronor, and our own core investments of 800 million Swedish kronor in development projects through Europesaid Christoffer Abramson, CEO of Catella.

For more information, please contact:

Michel Fischier, Head of Investor Relations and Communication, tel. +46 (0) 8 463 33 86

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https://news.cision.com/catella/r/catella-takes-further-steps-towards-a-simplified-structure-through-the-return-of-the-banking-license,c3482946

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SOURCE Catella


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