The reason for the shift in the accounting period is that the shares in the project were not transferred to the buyer as of December last 2019, which means, in accordance with IFRS, that the transaction cannot be reported during the fourth quarter 2019.
For more information, please contact:
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Niklas Bommelin
Investor Relations
+46 76 891 12 40
niklas.bommelin@catella.se
About Catella: Catella is a leading specialist in property investments and fund management, with operations in 15 countries. The group has assets under management of approximately SEK 180 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com (http://www.catella.com/).
https://news.cision.com/catella/r/changed-accounting-period-for-previously-communicated-divestment-of-development-projects,c3017387
https://mb.cision.com/Main/1744/3017387/1179958.pdf
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