Shares
Corem Property Group is listed on Nasdaq Stockholm Large Cap with four classes of shares; ordinary shares of Class A, ordinary shares of Class B, ordinary shares of Class D and preference shares.
The dividend policy is to, in the long term, pay out at least 35 percent of the company’s profit from property management after deduction for dividend on ordinary shares of Class D and preference shares.
Ordinary shares of Class A entitle holders to one vote, while ordinary shares of Class B, ordinary shares of Class D and preference shares entitle holders to one tenth of a vote.
There is a conversion clause, which means that shareholders can request the conversion of ordinary shares of series A to series B. Such a request can be made during February and August each year.