Regulatory Press Releases
NCC’s Annual Report 2015 available at ncc.se
NCC’s Annual Report for 2015 is now available at www.ncc.se/Annualreports. A printout is also available at NCC AB’s Head Office, Vallgatan 3, Solna.
Information brochure about proposed spinoff of NCC Housing
An information brochure describing the proposed spinoff of NCC Housing is now available on ncc.se. The brochure, which is intended for NCC shareholders, includes financial information, a background to and reasons for the spinoff and the terms and conditions for participation.
NCC AB’s Annual General Meeting on April 12, 2016
The Annual General Meeting of NCC AB shareholders will be held on Tuesday, April 12, 2016 at Aula Medica, Solna. The Meeting will start at 4:30 p.m. and registration will commence at 3:30 p.m.
Conversion of shares inNCC AB
In accordance with NCC’s Articles of Association, owners of Series A shares are entitled to request that their shares be converted to Series B shares. As a result of such conversion, the total number of voting rights in the company is reduced. In connection with conversion, the company is obligated, pursuant to the Swedish Financial Instruments Trading Act (1991:980), to disclose details of the change in this manner.
NCC to build 229 rental units for Haninge Bostäder
NCC has been commissioned by Haninge Bostäder to construct the Kalvsvik property block, comprising 229 rental units, in Jordbro, south of Stockholm. The apartment buildings will be located centrally, close to a shopping center, a commuter train station and green areas. The order is worth SEK 299 million.
Nomination Committee’s proposal to NCC’s Annual General Meeting on April 12, 2016
Financial objectives and capital structure for NCC Housing
Ahead of the spin-off of NCC Housing, the new company has been provided with capital whereby the equity in NCC Housing at the end of 2015 amounted to SEK 4.7 billion. NCC Housing has also adopted its own financial objectives for the operation. Return on capital employed is to amount to at least 10-15 percent. Equity/assets ratio is to amount to at least 30 percent. At least 40 percent of profit after tax is to be distributed as a dividend.