Kvalitena Divests Their Shares in Admiral Capital

Knut Pousette, Kvalitena.

Image: Stenvalvet

Kvalitena Divests Their Shares in Admiral Capital

Nordic — Kvalitena has, through the partly owned company Kvalitena Danmark AB, divested its entire holding in Admiral Capital A/S. The divestment takes place as a result of the public bid placed on the company by Castlelake through CL Denmark ApS.

2019-04-03

Prior to the divestment, Kvalitena Danmark AB had 4,000,000 A shares and 65,553,851 B shares. The price per Class A share amounted to DKK 5.60 and the price per Class B share amounted to DKK 2.00.

“The sale of the shares is part of Kvalitena's long-term strategy to focus on directly owned property holdings. For Kvalitena, it enables further investments in our portfolio of light industrial and logistics properties," says Knut Pousette, CEO of Kvalitena.

Axel Ohlsson

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