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Fastighets AB Balder: Balder's board takes directional decision about distributing shares in Norion Bank

Balder
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The board of Fastighets AB Balder (publ) has taken a directional decision to propose a distribution of the company's entire holding of shares in Norion Bank as a dividend to Balder's shareholders. 

Balder has been a major shareholder in Norion Bank since 2011, and currently has a holding a little more than 90.5 million shares.

"Balder's board has discussed the holding in Norion Bank for some time. This directional decision should be seen as part of our work to simplify Balder's structure as a property group", says Balder's chairman Sten Dunér.

The board will propose a shareholders' meeting to distribute the shares in Norion Bank at a time when Balder's credit metrics and rating will not be negatively affected.
 


For further information, please contact:
Erik Selin, CEO, tel. +46 (0)31-10 95 92, erik.selin@balder.se
Ewa Wassberg, CFO, tel. +46 (0)31-351 83 99, ewa.wassberg@balder.se

Jonas Erikson, IR, tel. +46 (0)76-765 50 88, jonas.erikson@balder.se
Eva Jonasson, Media relations, tel. +46 (0)31-10 79 44, eva.jonasson@balder.se

This is information that Fastighets AB Balder (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 22:55 CET on 24 March 2025..

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