Rutger Arnhult increases holdings in Corem

Rutger Arnhult, CEO of Corem.

Image: Castellum

Rutger Arnhult increases holdings in Corem

Nordic — On December 29, 2023, Rutger Arnhult's M2 Asset Management, itself and via a wholly-owned subsidiary, acquired 8.1 million shares of series A and 70.6 million shares of series B in the property company and also the associated company Corem Property Group AB. After the transaction, M2 Asset Management AB and subsidiaries own 43.9 million shares of series A, 460.1 million shares of series B and 3.3 million shares of series D. This corresponds to 44.6 percent of outstanding capital and 45.6 percent of outstanding votes.

2024-01-02

The acquisition is made outside the market at yesterday's closing price and mainly takes place by offsetting previous securities loans against shares.

"Corem Property Group is M2's largest shareholding and also an associated company. We see that the company has carried out a number of major sales recently, which speaks volumes for the fact that interest rates are generally on the way down, which makes it beneficial to own property shares. This is a good opportunity to increase ownership at these levels," says Jakob Mörndal, CEO of M2.

At the end of Q3, Rutger Arnhult, via companies, owned 37.6 percent of the capital and 39.2 percent of the votes in Corem.

Axel Ohlsson

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