2013-02-26 11:31:30 -
OSLO, February 26, 2013 - Northern Logistic Property ASA (NLP), Sweden's largest
pure-play logistic property company, is today changing its name to Tribona ASA.
The new name was approved by the shareholders on an extraordinary General
Meeting held today February 26. At the same time, the merger plan between NLP
and its wholly owned subsidiary Tribona AB was approved, aiming for a potential
moving of the listing from the Oslo Stock Exchange to the Stockholm Stock
Exchange, see press release from January 23, 2013.
- Since the founding in 2006, we have developed into a locally present property
company with an organization and headquarters in our home market Sweden. The new
name Tribona reflects our Swedish identity better, is easy to pronounce and
associates with strategically logistic points and the
importance to be at the
right place with the right product, says Peter Strand, CEO at Tribona.
Tribona is Sweden's largest pure-play logistic property company. The assets
consists of modern and strategically located logistic properties, 19 in Sweden
and mainly within the geographical area called "the Nordic triangle", as well as
one in Copenhagen. The company has developed into a locally present property
company with a growing portfolio, and has since 2010 a completely Swedish
organization in Lund that manages all strategic functions such as property
management, project management and finance. With the planned move of listing to
Sweden, Tribona will become a true Swedish company. Thus Tribona will be
included in a larger context of listed companies acting on a larger property
market and stock exchange. The move of listing is expected to increase the
interest for the company, from an investment-, market- and financial
- We have a very exciting time ahead of us, says Peter Strand. We compete within
the niche segment logistic properties and will grow our business in Sweden. The
change of company name and planned moved of listing are important parts in this.
The new company name Tribona ASA will be used in the Oslo Stock Exchange systems
as soon as it is registered in The Norwegian Register of Business Enterprises
("Foretaksregisteret"). The merger of Tribona ASA and the Swedish wholly owned
subsidiary Tribona AB (publ) will be completed upon registration by the Swedish
Companies Registration Office ("Bolagsverket"), which is assumed to take place
around May 14, 2013. The first day of trading on NASDAQ OMX Stockholm is assumed
be around May 21, 2013.
More precise information about the how the merger will be carried out will be
announced at a later time.
Notes from the general meeting are attached.
For more information, please contact:
Peter Strand, CEO Tribona ASA
+46 705 88 1661, email@example.com
Tommy Åstrand, CFO Tribona ASA
+46 705 45 5997, firstname.lastname@example.org
Tribona, formerly Northern Logistic Property ASA (NLP), is Sweden's largest
pure-play logistic property company. The property portfolio consists of modern
and strategically located logistic properties, 19 in Sweden and one in Denmark,
with a total lettable area of about 734 000 square meters. For more information,
please visit www.tribona.se
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
Minutes Extraordinary General Meeting - NLP - 2013-02-26:
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Source: Northern Logistic Property ASA via Thomson Reuters ONE