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Sandvik has appointed Cecilia Felton as Executive Vice President and Chief Financial Officer, effective February 1, 2022. Felton, who has served as interim CFO since November 2021, will also join the Group Executive Management. CEO Stefan Widing expressed confidence in Felton's leadership and expertise, citing her substantial background in finance. Felton has been with Sandvik since 2013, previously holding positions in Group Control and M&A. She is a chartered accountant and holds a degree from the London School of Economics.
On January 28, 2022, Castellum announced the formation of a new Executive Management Group under its recently appointed CEO Rutger Arnhult. The team consists of 12 members, including COO Jakob Mörndal and CIO Kristina Sawjani, with key roles filled by new recruits from Corem Property Group. The company aims to enhance its competitiveness through a focused organization for property management. Currently, Castellum's property value is approximately SEK 148 billion, reflecting its expansive operations across Sweden and into Copenhagen and Helsinki.
Ylva Sarby Westman has announced her departure as deputy CEO and CFO of Castellum, effective immediately, as she leaves voluntarily. Employed since December 2021, Sarby Westman will stay on during the recruitment of her successor. This process is set to begin right away. Castellum, a major player in the Nordic property market, focuses on developing flexible workplaces and logistics solutions, holding a property value of approximately SEK 148 billion.
On January 10, 2022, Castellum appointed Rutger Arnhult as CEO, succeeding Biljana Pehrsson, who left due to strategic disagreements regarding the integration of Castellum and Kungsleden. Arnhult, previously Chairman, aims to enhance Castellum's competitiveness in the Nordic commercial real estate market. Per Berggren has been appointed as the temporary Chairman of the Board. Castellum is one of the largest Nordic property companies, with a property value of approximately SEK 148 billion as of November 19, 2021.
Castellum announced the divestment of properties Högkvarteret 1 and 2 in Helsingborg to Intea for SEK 2.4 billion on December 28, 2021. The sale results in an impairment of goodwill by MSEK 120 and deferred tax income of MSEK 300. The properties cover 37,500 square meters of lettable area with an annual rental value of MSEK 103, fully occupied by the Swedish Prison and Probation Service and the Swedish Police Authority. This transaction reflects a 23% increase in property value compared to the latest valuation, strengthening Castellum's financial position post the Kungsleden merger.
On December 17, 2021, Castellum AB announced changes to its Nomination Committee ahead of the 2022 Annual General Meeting (AGM) due to shifts in company ownership following its bid for Kungsleden. Mats Gustafsson's position has been relinquished for larger shareholders, leading to Ilija Batljan's appointment. The revised Nomination Committee includes five members, with Helen Fasth Gillstedt as chair. The AGM is scheduled for March 31, 2022. Castellum, a leading Nordic property company, has a property value of approximately SEK 148 billion as of November 19, 2021, and aims for climate neutrality by 2030.
Castellum has announced changes to its financial calendar due to the ongoing merger with Kungsleden, emphasizing the coordination of financial reporting. Key updated dates include the Year-end report for 2021 on February 16, 2022, and subsequent financial reports throughout 2022. These adjustments aim to optimize the reporting process in light of the merger, enhancing transparency for investors.
Castellum has appointed Biljana Pehrsson as President and CEO, effective December 8, 2021. Previously, Pehrsson served as CEO of Kungsleden since 2013. Ylva Sarby Westman has been appointed Deputy CEO and CFO, also starting on the same day. The board highlighted the significance of this leadership change amid an acquisition from Kungsleden, aiming to enhance the company's size and competitive edge in the industry.
Castellum Aktiebolag has executed a new share issue as part of its public offer to shareholders of Kungsleden Aktiebolag. The share issue, authorized by an extraordinary general meeting on August 27, 2021, has been registered with the Swedish Companies Registration Office. The total number of shares has increased from 277,262,911 to 345,731,968 following the registration of an additional 68,469,057 shares in November 2021. This change increases the voting rights correspondingly.
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