In light of the changes in the capital market and the rights issue of approximately SEK 10 Bn carried out earlier this year, the Board of Directors will not propose that the Annual General Meeting resolves on any dividends for 2023.

”During the year, the Board of Directors has been working on managing the rapid changes in the capital market and has previously adopted a more stringent financial policy for the company in order to create further stability and secure the company's credit rating, Baa3 stable outlook. In light of the changes in the capital market and the rights issue of approximately SEK 10 Bn carried out earlier this year, the Board of Directors has decided to not propose that the Annual General Meeting resolves on any dividends for 2023”, says Per Berggren, Chairman of the Board of Directors, Castellum AB.

Castellum aims to continue creating shareholder value by actively investing in and developing the property portfolio in Nordic growth regions, at low risk and with a long-term and efficient use of capital.

For further information, please contact:
Per Berggren, Chairman of the Board of Directors, Castellum AB, +46 70-553 80 48
Joacim Sjöberg, CEO, Castellum AB, +46 8-503 052 00

About Castellum
Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 September 2023, the property value totalled approximately SEK 168 billion, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap and is classified as green according to Green Equity Designation.
 
Beyond expectations.
www.castellum.com

This information is information that Castellum is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-12-20 19:40 CET.

Attachments
Castellum's Board of Directors proposes that dividends are paused also for 2023

© Modular Finance, source Nordic Press Releases