Brief: Cibus Nordic Real Estate Q4 Profit From Property Management Rises To EUR 12.8 Mln

Cibus Nordic Real Estate AB (publ)

24/02/2022 07:24

Feb 24 (Reuters) - Cibus Nordic Real Estate AB (publ)
 CIBUS.ST :
    * YEAR-END REPORT 2021 AND PROPOSAL FOR INTRODUCTION OF A
NEW
SHARE CLASS AND BONUS ISSUE
    * Q4 RENTAL INCOME AMOUNTED TO EUR 21,585 THOUSAND (17,616).
    * Q4 NET OPERATING INCOME TOTALLED EUR 20,375 THOUSAND
(16,662).
    * Q4 PROFIT FROM PROPERTY MANAGEMENT WAS EUR 12,801 THOUSAND
(9,325).
    * WE LOOK FORWARD TO AN INTENSIVE YEAR IN 2022, AS WE
CONTINUE
GROWING IN ALL OF NORDIC MARKETS, INCREASING SHAREHOLDER VALUE
THROUGH WISE AND PROFITABLE ACQUISITIONS
    * BOARD OF DIRECTORS INTENDS TO PROPOSE TO 2022 ANNUAL
GENERAL
MEETING: - THAT A NEW SHARE CLASS (D) BE ESTABLISHED, WITH A
BONUS ISSUE BEING MADE TO EXISTING SHAREHOLDERS IN CONNECTION
WITH THIS
    * BOARD OF DIRECTORS INTENDS TO PROPOSE TO 2022 ANNUAL
GENERAL
MEETING: - THAT DIVIDEND BE INCREASED BY 5% TO EUR 0.99 PER
EXISTING SHARE, TO BE DISTRIBUTED TO ALL SHARE CLASSES

Source text for Eikon:  ID:nBQN8G41n0 
Further company coverage:  CIBUS.ST 

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