INVESTOR Relations
Shares
Shares
Quartiers Properties has two outstanding share types in the form of ordinary shares and preference shares. The ordinary and preference shares in Quartiers Properties have been traded on Stockholm’s Nasdaq First North Growth Market since 21 June 2017. The preference share series was previously traded on NGM Nordic MTF.
The two share types allow opportunities for two separate investment approaches. The preference share generates an annual quarterly dividend, but has a theoretically limited upside as the company is able to redeem the preference shares at a premium.
A direct investment in a property in Spain can in many cases be perceived as complicated and incur significant transaction costs. An investment in Quartiers’ ordinary shares is an opportunity to expose your share portfolio to Spain’s growing property market, and in particular on the Spanish Costa del Sol, which is the location of the company’s existing property portfolio.
Quartiers’ long-term ambition is to consolidate its position in the Spanish property market and it is the only Swedish property company operating in Spain with shares that can be traded on one of the Swedish marketplaces, including the Stockholm Stock Market, NGM Nordic MTF, Aktietorget and Nasdaq First North Growth Market.
Certified Adviser
Mangold Fondkommission AB tel. +46 8-503-015-50
Nasdaq First North Growth Market
Nasdaq First North Growth Market is a registered SME growth market, in accordance with the Directive on Markets in Financial Instruments (EU 2014/65) as implemented in the national legislation of Denmark, Finland and Sweden, operated by an exchange within the Nasdaq group. Issuers on Nasdaq First North Growth Market are not subject to all the same rules as issuers on a regulated main market, as defined in EU legislation (as implemented in national law). Instead they are subject to a less extensive set of rules and regulations adjusted to small growth companies. The risk in investing in an issuer on Nasdaq First North Growth Market may therefore be higher than investing in an issuer on the main market. All issuers with shares admitted to trading on Nasdaq First North Growth Market have a Certified Adviser who monitors that the rules are followed. The respective Nasdaq exchange approves the application for admission to trading.
Shareholders
Shareholders
| # | Shareholders - December 31, 2022 | Ordinary Shares | Preference shares | Capital | Votes |
|---|---|---|---|---|---|
| 1 | Fastighets Aktiebolag Bränneröd | 7,284,000 | 100,000 | 11.45% | 12.50% |
| 2 | House of K Investment AB | 6,401,253 | - | 9.93% | 10.97% |
| 3 | Egonomics AB | 6,050,000 | - | 9.38% | 10.36% |
| 4 | Rocet AB | 5,590,922 | - | 8.67% | 9.58% |
| 5 | Bosmac Invest AB | 5,224,669 | - | 8.10% | 8.95% |
| 6 | LMK-bolagen & Stiftelse | 4,575,000 | 1,079,000 | 8.77% | 8.02% |
| 7 | SIX SIS AG | 4,154,070 | - | 6.44% | 7.12% |
| 8 | Bernt Lundberg Fastigheter Lund AB | 2,680,228 | - | 4.16% | 4.59% |
| 9 | Avanza Pension | 1,843,955 | 613,039 | 3.81% | 3.26% |
| 10 | CS Client Omnibus ACC | 1,451,705 | 10,000 | 2.27% | 2.49% |
| Other | 12,441,203 | 4,967,829 | 27.02% | 22.16% | |
| Total | 57,697,005 | 6,769,868 | 100.00% | 100.00% |
FINANCIAL Calendar
Kvartalsrapport juli till september 2022
3 november 2022
Kvartalsrapport juli till september 2022
3 november 2022
Kvartalsrapport juli till september 2022
3 november 2022
Financial REPORTS 2023
HEADING
2022
Interim report Jan – Sep 2022
Quarterly report Jan – Mar 2022
Interim report Jan – June 2022
2021
Annual Report | 2021
Year-end report Quartiers | Jan – Dec 2021
Quarterly report July to Sep 2021
Quarterly report April to June 2021
Quarterly report Jan – Mar 2021
2020
Annual Report | 2020
Year-end report Quartiers | Jan – Dec 2020
Interim report Jan – June 2020
2019
Annual Report | 2019
Year-end report Quartiers | Jan – Dec 2019
Interim report Jan – June 2019
2018
Annual Report | 2018
Year-end report Quartiers | Jan – Dec 2018
Interim report Jan – Jun 2018
2017
Annual Report | 2017
Year-end report Quartiers | Jan – Dec 2017
Interim report Jan – June 2017
Initial public offering (IPO)
Quartiers Properties IPO Teaser
Prospectus prepared for the planned listing on Nasdaq First North
Application form – Subscription without preferential right
Special application form
2016
Annual Report | 2016
Year-end report Quartiers | Jan – Dec 2016
Interim Report Q2 | 2016
2015
Annual Report | 2015
Corporate governance
HEADING
2022
Proxy form Annual General Meeting 2022
Notice of Annual General Meeting 2022
Postal voting form – Annual General Meeting 2022
2021
CEO speech ahead of AGM 2021
Proxy form Annual General Meeting 2021
Notice of Annual General Meeting 2021
Postal voting form – Annual General Meeting 2021
2020
Proxy form Annual General Meeting 2020
Notice of Annual General Meeting 2020
2019
Proxy form Annual General Meeting 2019
Notice of Annual General Meeting 2019
2018
Minutes from Annual General Meeting 2018-06-21
Proxy form Annual General Meeting 2018
Notice of Annual General Meeting 2018
2017
Minutes from the Annual General Meeting 2017
Proxy form Annual General Meeting 2017
Notice of Annual General Meeting 2017
Proxy form to extraordinary general meeting
Notice of Extraordinary General Meeting 2017-01-24
2016
Minutes from the 2016 Annual General Meeting
Bolagsstyrning
Quartiers Properties AB (publ) är ett svenskt publikt fastighetsbolag, med säte i Stockholm, vars aktier är listade på Nasdaq First North Growth Market i Stockholm. Det yttre ramverket för bolagsstyrningen är aktiebolagslagen, bolagsordningen och Nasdaqs regler för emittenter på First North. Innan listningen på First North, som ägde rum i juni 2017, följde bolaget NGM Nordic MTFs regler för emittenter. Bolaget följer interna regelverk utfärdade av styrelsen, varav de viktigaste är styrelsens arbetsordning, instruktioner för VD, samt bolagets informations- och insiderpolicy. Bolaget är inte skyldigt att tillämpa Svensk kod för bolagsstyrning.
Grunderna för bolagsstyrning inom Quartiers Properties
Bolagsstyrningen inom Quartiers Properties syftar till att stödja styrelse och ledning så att all verksamhet skapar långsiktigt värde för aktieägarna och övriga intressenter.
Styrningen omfattar upprätthållande av:
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En effektiv organisationsstruktur.
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System för riskhantering och internkontroll.
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Transparent intern och extern rapportering.
Aktieägare och bolagsstämma
Aktieägares inflytande i bolaget utövas på årsstämman, som är företagets högsta beslutande organ. På årsstämman röstar varje aktieägare med antalet röster förknippade med den ägda aktietypen. Quartiers Properties har två aktieklasser: vanliga aktier med tio röster och preferensaktier med en röst.
Styrelse
Styrelsen ska enligt bolagsordningen bestå av lägst tre och högst nio ledamöter, inräknat styrelsens ordförande. För närvarande består styrelsen av fyra ordinarie ledamöter, varav två ledamöter är oberoende både i förhållande till bolaget och bolagsledningen, samt bolagets större aktieägare. En ledamot är oberoende i förhållande till bolaget och bolagsledningen och en ledamot är oberoende i förhållande till bolagets större aktieägare. Bolagets styrelse väljs vid årsstämman. Valet av styrelse gäller perioden fram till och med nästkommande årsstämma. Bolaget utser inga särskilda kommittéer eller utskott för revisons- eller ersättningsfrågor utan hela styrelsen är engagerade i dessa frågor. Styrelsen ska följa verksamheten, samt aktivt stödja utvecklingen av bolaget. Styrelsen är sammansatt av personer med kompetens och erfarenhet från bland annat affärsutveckling, marknadsföring, fastighets- och projektutveckling, finansiering och kapitalmarknadsfrågor.
Styrelseordförande bevakar att styrelsen utför sina uppgifter. Ordförande följer också verksamheten i dialog med VD och ansvarar för att övriga ledamöter får den information som är nödvändig för hög kvalitet i diskussioner och beslut. Ordförande ansvarar även för utvärdering av både styrelsens och VD:s arbete.
Corporate inforamtion
Corporate information
Redemption of warrants series 4 (TO4)
Redemption of warrants series 3 (TO3)
Investor presentation December 2018
Articles of association Quartiers Properties AB (PUBL)
Information regarding completed share issue of 2019
BOARD OF DIRECTORS & Management team
Board of Directors
CHAIRMAN SINCE 2015
Jörgen Cederholm (1961)
Jörgen has more than 25 years of experience in business development in medium and large companies. Jörgen has worked as the Global Information Security Manager at IKEA and has been responsible for leadership and organizational models. In 1987, Jörgen founded the IT company Factum AB, together with a partner and reached annual sales of approximately SEK 150 million and 70 employees. Factum AB was later acquired by the then-listed company Martinsson Informationssystem AB.
OTHER BOARD ASSIGNMENTS (IN SELECTION):
President and direct or indirect owner of Strandängen Bostäder in Bunkeflostrand AB and Efficax Förvaltning AB, member of the board of directors and direct or indirect owner of Portvakten Industrifastigheter Holding. Linnéstaden Affärsutveckling AB, Strandängarna Förvaltning i Skåne AB and Continium AB and board member of Capitator AB and owner of Rocet AB
MAIN EDUCATION:
Jörgen holds an Executive MBA from the School of Economics at the University of Lund.
HOLDING OF SHARES IN THE COMPANY:
6,421,160 ordinary shares and 76,056 preference shares.
Via companies and privately.
INDEPENDENT OF:
Company and company management: yes.
Main shareholders: No
CHAIRMAN SINCE 2015
Jörgen Cederholm (1961)
Jörgen has more than 25 years of experience in business development in medium and large companies. Jörgen has worked as the Global Information Security Manager at IKEA and has been responsible for leadership and organizational models. In 1987, Jörgen founded the IT company Factum AB, together with a partner and reached annual sales of approximately SEK 150 million and 70 employees. Factum AB was later acquired by the then-listed company Martinsson Informationssystem AB.
OTHER BOARD ASSIGNMENTS (IN SELECTION):
President and direct or indirect owner of Strandängen Bostäder in Bunkeflostrand AB and Efficax Förvaltning AB, member of the board of directors and direct or indirect owner of Portvakten Industrifastigheter Holding. Linnéstaden Affärsutveckling AB, Strandängarna Förvaltning i Skåne AB and Continium AB and board member of Capitator AB and owner of Rocet AB
MAIN EDUCATION:
Jörgen holds an Executive MBA from the School of Economics at the University of Lund.
HOLDING OF SHARES IN THE COMPANY:
6,421,160 ordinary shares and 76,056 preference shares.
Via companies and privately.
INDEPENDENT OF:
Company and company management: yes.
Main shareholders: No
BOARD MEMBER SINCE 2017
Jimmie Hall (1974)
Jimmie has wide experience in the real estate industry where he was previously a consultant and partner of real estate advisors Jones Lang LaSalle, Nordier Property Advisors and Treal Fastighetsutveckling AB. Jimmie currently works as a real estate consultant through the company Realist Real Estate Development. Realist Real Estate Development helps some of Sweden’s largest property owners to work strategically on concepts development, profiling and leasing.
OTHER ASSIGNATIONS OF THE BOARD (IN SELECTION):
Member of the board and owner of JIHA AB and Wallery AB.
MAIN EDUCATION:
Jimmie is a certified property manager.
HOLDING OF SHARES IN THE COMPANY:
1,050 ordinary shares through companies and 100 ordinary shares privately.
INDEPENDENT OF:
Company and company management: yes.
Main shareholders: yes
BOARD MEMBER SINCE 2017
Jimmie Hall (1974)
Jimmie has wide experience in the real estate industry where he was previously a consultant and partner of real estate advisors Jones Lang LaSalle, Nordier Property Advisors and Treal Fastighetsutveckling AB. Jimmie currently works as a real estate consultant through the company Realist Real Estate Development. Realist Real Estate Development helps some of Sweden’s largest property owners to work strategically on concepts development, profiling and leasing.
OTHER ASSIGNATIONS OF THE BOARD (IN SELECTION):
Member of the board and owner of JIHA AB and Wallery AB.
MAIN EDUCATION:
Jimmie is a certified property manager.
HOLDING OF SHARES IN THE COMPANY:
1,050 ordinary shares through companies and 100 ordinary shares privately.
INDEPENDENT OF:
Company and company management: yes.
Main shareholders: yes
BOARD MEMBER SINCE 2019
Andreas Bonnier (1972)
Andreas founded Quartiers Properties and is a serial entrepreneur who has spent most of his career building and growing companies in international environments. Andreas has many years’ experience of property development in Switzerland and France, where he has lived for 37 years.
OTHER ASSIGNMENTS OF THE BOARD (IN SELECTION):
Andreas is active as a Board member in a number of other growth companies, including Nowonomics AB, and as a trustee of the Bonnier Family Foundation and previously member in companies including Aitellu Technologies AB and Tradevenue AB and also of Quartiers Properties before, in 2014 and 2015–2017.
MAIN EDUCATION:
Bachelor of Business Administration degree and qualifications in international business and marketing from Schiller International University in Paris.
HOLDING OF SHARES IN THE COMPANY:
6,284,590 ordinary shares and 25,236 preference shares in the company through Egonomics AB. Andreas also holds 281,380 ordinary shares in the company directly through private holdings.
INDEPENDENT OF:
Company and company management: YesMain shareholders: No
BOARD MEMBER SINCE 2019
Andreas Bonnier (1972)
Andreas founded Quartiers Properties and is a serial entrepreneur who has spent most of his career building and growing companies in international environments. Andreas has many years’ experience of property development in Switzerland and France, where he has lived for 37 years.
OTHER ASSIGNMENTS OF THE BOARD (IN SELECTION):
Andreas is active as a Board member in a number of other growth companies, including Nowonomics AB, and as a trustee of the Bonnier Family Foundation and previously member in companies including Aitellu Technologies AB and Tradevenue AB and also of Quartiers Properties before, in 2014 and 2015–2017.
MAIN EDUCATION:
Bachelor of Business Administration degree and qualifications in international business and marketing from Schiller International University in Paris.
HOLDING OF SHARES IN THE COMPANY:
6,284,590 ordinary shares and 25,236 preference shares in the company through Egonomics AB. Andreas also holds 281,380 ordinary shares in the company directly through private holdings.
INDEPENDENT OF:
Company and company management: YesMain shareholders: No
BOARD MEMBER SINCE 2017
Sten Andersen (1965)
Sten has been the marketing manager for state owned gambling company ATG (AB Trav and Galopp) since 2014. Sten has the overall responsibility for ATG’s positioning, manifesto and customer experience as well as for events and commercial communication activities. Sten has previously been the marketing manager at OBH Nordica. For 12 years, Sten was the CEO of several agencies within international communication groups, most recently the communications agency INGO, today ranked as one of the world’s foremost, in which Sten participated, founded by the merger of Gray Stockholm and Ogilvy Stockholm.
OTHER ASSIGNMENTS OF THE BOARD (IN SELECTION):
Board member of Kanal 75 AB and Nowonomics AB.
MAIN EDUCATION:
Sten holds a degree in economics from the University of Lund.
HOLDING OF SHARES IN THE COMPANY:
83,085 ordinary shares.
INDEPENDENT OF:
Company and company management: yes.
Main shareholders: yes
BOARD MEMBER SINCE 2017
Sten Andersen (1965)
Sten has been the marketing manager for state owned gambling company ATG (AB Trav and Galopp) since 2014. Sten has the overall responsibility for ATG’s positioning, manifesto and customer experience as well as for events and commercial communication activities. Sten has previously been the marketing manager at OBH Nordica. For 12 years, Sten was the CEO of several agencies within international communication groups, most recently the communications agency INGO, today ranked as one of the world’s foremost, in which Sten participated, founded by the merger of Gray Stockholm and Ogilvy Stockholm.
OTHER ASSIGNMENTS OF THE BOARD (IN SELECTION):
Board member of Kanal 75 AB and Nowonomics AB.
MAIN EDUCATION:
Sten holds a degree in economics from the University of Lund.
HOLDING OF SHARES IN THE COMPANY:
83,085 ordinary shares.
INDEPENDENT OF:
Company and company management: yes.
Main shareholders: yes
Management team
CEO
Marcus Johansson Prakt (1990)
MARCUS JOHANSSON PRAKT became CEO in 2018 and was previously CFO, since 2017. His main tasks include leading the development of the company’s short- and long-term strategy and creating and implementing the company’s vision and mission. He has no assignments outside Quartiers and joined the company in 2016.
Marcus has a broad experience in property development and finance. While working at the Swedish real estate advisor Annordia, Marcus advised in hotel establishments for some of the largest real estate companies in Sweden. Marcus joined Quartiers after his position as Analyst/Project Manager at Mangold, where he managed IPSs, M&A transactions, capitalizations and regulatory matters related to listed companies. Marcus has a Master’s Degree in Finance from Gothenburg School of Business Economics and Law with part of the program completed at ESSEC business school in Paris and HEC in Montreal.
HOLDING OF SHARES IN THE COMPANY:
220,370 ordinary shares and 24,295 preference shares.
.
CEO
Marcus Johansson Prakt (1990)
MARCUS JOHANSSON PRAKT became CEO in 2018 and was previously CFO, since 2017. His main tasks include leading the development of the company’s short- and long-term strategy and creating and implementing the company’s vision and mission. He has no assignments outside Quartiers and joined the company in 2016.
Marcus has a broad experience in property development and finance. While working at the Swedish real estate advisor Annordia, Marcus advised in hotel establishments for some of the largest real estate companies in Sweden. Marcus joined Quartiers after his position as Analyst/Project Manager at Mangold, where he managed IPSs, M&A transactions, capitalizations and regulatory matters related to listed companies. Marcus has a Master’s Degree in Finance from Gothenburg School of Business Economics and Law with part of the program completed at ESSEC business school in Paris and HEC in Montreal.
HOLDING OF SHARES IN THE COMPANY:
220,370 ordinary shares and 24,295 preference shares.
.
CFO
Carl-Fredrik Morander (1969)
CARL-FREDRIK MORANDER became CFO in 2022 and has main responsibility for the planning, implementation, managing and running of all the finance activities, including business planning, budgeting, forecasting and negotiations.
Carl-Fredrik has more than 30 years of experience in auditing, accounting and process efficiency, including as a partner at the auditing and consulting firm Rödl & Partner. Carl-Fredrik is based in Spain and has been working on the external financial reporting for Quartiers since 2017.
No shares in the company
CFO
Carl-Fredrik Morander (1969)
CARL-FREDRIK MORANDER became CFO in 2022 and has main responsibility for the planning, implementation, managing and running of all the finance activities, including business planning, budgeting, forecasting and negotiations.
Carl-Fredrik has more than 30 years of experience in auditing, accounting and process efficiency, including as a partner at the auditing and consulting firm Rödl & Partner. Carl-Fredrik is based in Spain and has been working on the external financial reporting for Quartiers since 2017.
No shares in the company
HEAD OF BUSINESS SUPPORT
Maria Cepero (1973)
MARIA CEPERO became Head of Business Support 2022 and was previously CFO of the company since 2018. Her main tasks are to support the business through operational and efficiency analysis, as well as implementation and operation of operational support functions. Maria has been an employee of Quartiers since 2018.
Maria has over 20 years of experience in tax, legal and financial aspects and has worked for companies such as Accenture and Symantec. She has also worked for other companies in Costa del Sol; including Xpat Marbella as founding partner, 9 lions residences as CFO and for Uniconta as a consultant.
She is an economist, registered at Malaga Economists Association with a degree in Business & Economic Science by University of Granada, Spain and stays at University of Limerick and Dublin Institute of Technology in Ireland.
No shares in the company
HEAD OF BUSINESS SUPPORT
Maria Cepero (1973)
MARIA CEPERO became Head of Business Support 2022 and was previously CFO of the company since 2018. Her main tasks are to support the business through operational and efficiency analysis, as well as implementation and operation of operational support functions. Maria has been an employee of Quartiers since 2018.
Maria has over 20 years of experience in tax, legal and financial aspects and has worked for companies such as Accenture and Symantec. She has also worked for other companies in Costa del Sol; including Xpat Marbella as founding partner, 9 lions residences as CFO and for Uniconta as a consultant.
She is an economist, registered at Malaga Economists Association with a degree in Business & Economic Science by University of Granada, Spain and stays at University of Limerick and Dublin Institute of Technology in Ireland.
No shares in the company
SENIOR ADVISOR
Lars Åke Olofsson (1956)
LARS ÅKE OLOFSSON became property manager in 2019 and his main tasks are designing and implementing business operations and overseeing the operations of the company. He has no assignments outside Quartiers.
Lars Åke has been living in Benahavis since 1989 and is responsible for the company\’s operations in Spain. Lars Åke has also been responsible for urban planning and infrastructure in the municipality of Benahavis for many years and has a long international career in Skanska, Tailor Woodrow in Spain and Tailor Wimpey. Lars Åke holds a Master of Science from the Chalmers University of Technology in Gothenburg.
No shares in the company
SENIOR ADVISOR
Lars Åke Olofsson (1956)
LARS ÅKE OLOFSSON became property manager in 2019 and his main tasks are designing and implementing business operations and overseeing the operations of the company. He has no assignments outside Quartiers.
Lars Åke has been living in Benahavis since 1989 and is responsible for the company\’s operations in Spain. Lars Åke has also been responsible for urban planning and infrastructure in the municipality of Benahavis for many years and has a long international career in Skanska, Tailor Woodrow in Spain and Tailor Wimpey. Lars Åke holds a Master of Science from the Chalmers University of Technology in Gothenburg.
No shares in the company
IR Director
Antonio Díaz-Barceló (1965)
ANTONIO DÍAZ-BARCELÓ became investor relations director in 2019 and his main tasks are providing company and market information to existing and potential investors, enabling effective two-way communication between a company, the financial community, and other constituencies. He is also a partner with a Madrid based corporate finance firm, ONEtoONE Corporate Finance.
Antonio has over 25 years of experience having managed real estate investments for over 20 billion euro. He has worked as auditor and analyst for companies like Deloitte, ABN AMRO and BBVA in Madrid and London. He has also served as the director of Bankia business at Sareb, director of corporate development and strategy at Acciona and Quabit Inmobiliaria, as a board member of Bestinver SASVB, Marina Port Forum and Rayet Geriatricos and as the president for Georgetown Club of Spain.
He holds an Engineering Degree by Universidad Politécnica de Madrid, a Bachelor in Business Administration by UNED a Master of Business Administration by Georgetown University and Cum Laude Ph.D. by Universidad Politécnica de Madrid.
No shares in the company
IR Director
Antonio Díaz-Barceló (1965)
ANTONIO DÍAZ-BARCELÓ became investor relations director in 2019 and his main tasks are providing company and market information to existing and potential investors, enabling effective two-way communication between a company, the financial community, and other constituencies. He is also a partner with a Madrid based corporate finance firm, ONEtoONE Corporate Finance.
Antonio has over 25 years of experience having managed real estate investments for over 20 billion euro. He has worked as auditor and analyst for companies like Deloitte, ABN AMRO and BBVA in Madrid and London. He has also served as the director of Bankia business at Sareb, director of corporate development and strategy at Acciona and Quabit Inmobiliaria, as a board member of Bestinver SASVB, Marina Port Forum and Rayet Geriatricos and as the president for Georgetown Club of Spain.
He holds an Engineering Degree by Universidad Politécnica de Madrid, a Bachelor in Business Administration by UNED a Master of Business Administration by Georgetown University and Cum Laude Ph.D. by Universidad Politécnica de Madrid.
No shares in the company
Auditors
Henrik Boman
Öhrlings PriceWaterhouseCoopers AB. Since 2015
NOMINATING COMITTEE
The nominating committee for the 2022 Annual General Meeting is comprised of Andreas Bonnier (shareholder representative of Egonomics AB) and Mats Lundberg (as representative of Fastighets Aktiebolag Bränneröd and Mats Invest AB). Mats Lundberg is the chairman of the nominating committee.
Investor contact
Marcus Johansson Prakt
The CEO of the company will help you with questions about investing in Quartiers Properties AB.