News

Cibus Nordic has following the decision on the general meeting in April 2021 appointed the following individuals to the nomination committee:

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed the acquisition of a portfolio of 8 properties in south-eastern Norway for EUR 27.6m. Closing is planned to the 15^th of October 2021.

April - June 2021 (compared with April - June 2020)

• Rental income amounted to EUR 19,797 thousand (16,366).
• Net operating income totalled EUR 18,472 thousand (15,100).
• Profit from property management was EUR 10,834 thousand (7,801).
• Earnings after tax amounted to EUR 11,672 thousand (8,883), corresponding to EUR 0.29 (0.24) per share. Unrealised changes in property values totalling EUR 2,357 thousand (3,002) were included in profit.

January - June 2021 (compared with January - June 2020)

• Rental income amounted to EUR 39,228 thousand (30,406).
• Net operating income totalled EUR 36,683 thousand (28,103).
• Profit from property management was EUR 22,404 thousand (14,642).
• Earnings after tax amounted to EUR 22,843 thousand (15,980), corresponding to EUR 0.57 (0.45) per share. Unrealised changes in property values totalling EUR 2,540 thousand (4,611) were included in profit.

Cibus Nordic Real Estate AB (publ) ("Cibus" or "the Company") has successfully issued hybrid bonds in an amount of EUR 30m under its newly established MTN programme. The hybrid bonds are perpetual with a first call date after 5.25 years and has an interest rate of 3 months EURIBOR + 475 basis points. The first call date is 24 September 2026 and thereafter callable at each subsequent interest payment date.

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed the acquisition of a portfolio of 72 grocery stores in Finland. In addition, the Company has agreed to pay a part of purchase price with a directed share issue of 2,000,000 shares to the seller. The transaction is targeted to close during the fourth quarter of 2021.