News

This week, after entering an additional interest rate hedge of SEK 435m, Cibus Nordic Real Estate AB (publ) has now got the entire senior bank debt hedged.

Cibus Nordic Real Estate AB (publ)

October - December 2022 (compared with October - December 2021)

• Rental income amounted to EUR 28,270 thousand (21,585).
• Net operating income totalled EUR 26,492 thousand (20,375).
• Profit from property management was EUR 12,404 thousand (12,801). Profit from property management, excluding non-recurring costs and exchange rate effects, amounted to EUR 13,967 thousand.
• Earnings after tax amounted to EUR -10,568 thousand (16,444), corresponding to EUR -0.23 (0.38) per share.
• Unrealised changes in property values totalling EUR -24,517 thousand (6,280) were included in profit.

Cibus Nordic Real Estate AB (publ) invite to teleconference and audio cast on February 23, at 10.00 CET. The company's CEO, Sverker Källgården, and CFO, Pia-Lena Olofsson, will present the Q4 report in English.

On 22 November 2022 Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") announced that the results from the tender offer (the "Tender Offer") to the holders of Cibus' outstanding senior unsecured floating rate notes 2020/2023 with ISIN SE0014479366 and outstanding amount of EUR 135 million (the "Notes") would be announced separately. The Tender Offer expired at 12:00 CET on 23 November 2022 and was made subject to the terms and conditions described in the tender information document dated 21 November 2022 ("Tender Information Document"). The Company has received Priority Tenders (as defined in the Tender Information Document) in a total nominal amount of EUR 46.9 million. Cibus intends to accept all Priority Tenders received. Tender instructions which are not Priority Tenders will not be accepted.