Negotiations with the National Property Board of Sweden concerning Ratos property
Regulatory Information 2019-03-14
Ratos AB (publ) owns and has its headquarters in the Stockholm Lejonet 4 property located between the Rosenbad building (the prime minister’s office) and Sagerska Palatset (the prime minister’s official residence) on Drottninggatan in Stockholm. Security requirements in the area have increased, and are expected to continue to increase, resulting in a number of restrictions and obstacles for the operations at Ratos AB’s (publ) headquarters on Drottninggatan, including entry and exit restrictions. Ratos is therefore currently in negotiations with the National Property Board of Sweden regarding a possible transfer of ownership to the Swedish state.
The Stockholm Lejonet 4 property was acquired by Söderberg & Haak in 1938 and by Ratos AB (publ) in 1980 and had a book value in the company’s balance sheet of SEK 56m as of 31 December 2018.
For further information, please contact:
Jonas Wiström, CEO, Ratos, +46 8 700 17 00
Helene Gustafsson, Head of IR and Press Ratos, +46 70 868 40 50
Ratos owns and develops unlisted medium-sized companies in the Nordic countries. Our goal as an active owner is to contribute to long-term and sustainable operational development in the companies we invest in and to make value-generating transactions. Ratos’s portfolio consists of 12 medium-sized Nordic companies and the largest segments in terms of sales are Construction, Industrials and Consumer goods/Commerce. Ratos is listed on Nasdaq Stockholm and has approximately 12,300 employees.