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 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 of around 10.7 percent (based on the share price at 31 December 2018), but has a theoretically limited upside as the company is able to re­deem the preference shares at a premium of 20 percent, corresponding to SEK 12 per share.

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.

#ShareholdersOrdinary SharesPreference sharesCapitalVotes
1Egonomics AB10 091 34050 00018,2%20,5%
2Fastighets Aktiebolag Bränneröd6 139 01885 37011,2%12,5%
3Rocet AB3 847 33430 0007,0%7,8%
4LMK-bolagen & Stiftelse3 552 7141 402 2228,9%7,5%
5Swedbank Robur Fonder (Småbolagsfonden Norden)2 037 700-3,7%4,1%
6Bosmac Invest AB2 400 666-4,3%4,9%
7Bernt Lundberg Fastigheter Lund AB 1 980 000150 0003,8%4,1%
8JP Morgan Securities, New York1 942 008-3,5%4,0%
9Mats Invest AB1 630 000156 0003,2%3,4%
10Leif Edlund1 333 334-2,4%2,7%
Other13 508 7825 401 02533,9%28,5%
Total48 462 8967 274 617100,0%100,0%

Financial information

2019

Interim report Jan – June 2019

External Analysis

2019

TradeVenue | 2019 | External Report

Corporate governance

Quartiers Properties AB (publ) is a Swedish public property company, with registered offices in Stockholm, whose shares are listed on Nasdaq First North in Stockholm. The external framework for corporate governance is the Swedish Companies Act, the Articles of Association and Nasdaq’s rules for issuers on First North. Prior to the listing on First North, which took place in June 2017, the company complied with NGM Nordic MTF’s rules for issuers. The company complies with internal regulations issued by the Board, the most important of which include the Board’s rules of procedure, the CEO instructions and the company’s inside information policy. The company is not obliged to apply the Swedish Corporate Governance Code.

Principles of corporate governance within Quartiers Properties

Corporate governance within Quartiers Properties aims to support the Board of Directors and management in ensuring that all operations create long-term value for shareholders and other stakeholders.

Governance involves upholding:

  • an efficient organisational structure;
  • risk management and internal control systems; and
  • transparent internal and external reporting.

Shareholders and the Annual General Meeting

Shareholders’ influence in the company is exercised at the Annual General Meeting, which is the company’s highest decision-making body. At the AGM, each shareholder votes by right of the num­ber of votes associated with the share type held. Quartiers Properties has two classes of share: ordinary shares carrying ten votes, and preference shares carrying one vote. At the publication date of the annual accounts, the company has 48,462,896 ordinary shares corresponding to 484,628,960 votes, and 7,274,617 preference shares corresponding to 7,274,617 votes. There are consequently a total of 55,737,513 shares and a total of 491,903,577 votes in the company.

Board of Directors:

The company’s Articles of Association state that the Board of Directors shall comprise a minimum of three and maximum of nine members, including the Chairman. The Board currently consists of four ordinary members, including two members who are independent in relation to both the company and company management, as well as the company’s major shareholders. One member is independent in relation to the company and company management, and one member is independent in relation to the company’s major shareholders. The company’s Board of Directors is elected at the AGM. The election of the Board relates to the period extending up to and including the next AGM. The company does not appoint any special committees for auditing or remuneration issues, as the entire Board is engaged in these matters. The Board shall monitor operations and actively support the development of the company. The Board is composed of individuals with expertise and experience in business development, marketing, property and project develop­ment, financing and capital market issues. The Chairman of the Board ensures that the Board per­forms its duties. The Chairman also monitors operations in consultation with the CEO and is responsible for en­suring that other Board members receive the information required in order to facilitate discussion and decisions of high quality. The Chairman is also responsible for evalu­ating the work of both the Board and the CEO.

2019

Proxy form Annual General Meeting 2019

Notice of Annual General Meeting 2019

Corporate information

Investor presentation December 2018

CBRE valuation report 2018

Articles of association Quartiers Properties AP (PUBL)

Board of directors and Management team

BOARD OF DIRECTORS
(coming soon)

Jörgen Cederholm
JIMMIE HALL
Andreas Bonnier
Sten Andersen

MANAGEMENT TEAM
(more coming soon)

LARS ÅKE OLOFSSON
MARIA CEPERO
Marcus Prakt
HENRIC PERSSON
Antonio Díaz-Barceló

AUDITORS

Henrik Boman

Öhrlings PriceWaterhouseCoopers AB. Since 2015

NOMINATING COMITTEE

The Nominating Committee for the 2019 Annual General Meeting is comprised of Andreas Bonnier (shareholder representative of Egonomics AB), Jörgen Cederholm (shareholder representative of Fastighets Aktiebolag Bränneröd) and Mats Lundberg (as representative of Fastighets Aktiebolag Bränneröd and Mats Invest AB). Andreas Bonnier is the chairman of the Nominating Committee.

Financial calendar

ANNUAL REPORT FOR THE BUSINESS YEAR 201808-05-2019
ANNUAL GENERAL MEETING 201929-05-2019
INTERIM REPORT JAN - JUN 201931-07-2019
YEAR-END REPORT JAN - DEC 201928-02-2020

Press Releases

Marcus Johansson Prakt blir ordinarie VD för kraftigt expanderande Quartiers Properties

Från och med 5 september blir Marcus Johansson Prakt ordinarie VD för Quartiers Properties AB (publ). Marcus, som varit tillförordnad VD sedan maj 2018 ska fortsätta leda Quartiers utvecklingsarbete på den spanska solkusten. Under hans tid som tillförordnad VD har bolagets substansvärde per stamaktie ökat från 6,98 SEK per aktie till 7,56 SEK per aktie. 

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Quartiers Properties öppnar Boho Restaurang på fastigheten Centro Forestal Sueco imorgon den 29 augusti

Quartiers Properties AB (publ) (”Quartiers Properties” eller ”Bolaget”) kommer att öppna restaurangen i projekt Boho Club för allmänheten den 29 augusti 2019. Öppningen markerar en viktig milstolpe i Bolagets arbete med fastigheten som förvärvades 2017. 

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Media

Shareholders program

Information is coming soon

Investor Relations Contact