First Hotels AB (publ) updates its strategy to become a pure hotel property company and receives an offer to sell all shares in its subsidiary First Hotels International AS
Kurs
-9,91%
Likviditet
0,26 MSEK
Prenumeration
Kalender
| Tid* | ||
| 2025-06-24 | N/A | Årsstämma |
| 2025-02-14 | 09:00 | Bokslutskommuniké 2024 |
| 2024-11-26 | - | Extra Bolagsstämma 2024 |
| 2024-11-15 | - | Kvartalsrapport 2024-Q3 |
| 2024-08-30 | - | Kvartalsrapport 2024-Q2 |
| 2024-06-25 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2024-06-24 | - | Årsstämma |
| 2024-05-15 | - | Kvartalsrapport 2024-Q1 |
| 2024-03-27 | - | Bokslutskommuniké 2023 |
| 2023-08-31 | - | Kvartalsrapport 2023-Q2 |
| 2023-06-26 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2023-06-21 | - | Årsstämma |
| 2023-03-31 | - | Bokslutskommuniké 2022 |
| 2022-08-31 | - | Kvartalsrapport 2022-Q2 |
| 2022-06-29 | - | Extra Bolagsstämma 2022 |
| 2022-06-23 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2022-06-22 | - | Årsstämma |
| 2022-03-17 | - | Bokslutskommuniké 2021 |
| 2021-08-31 | - | Kvartalsrapport 2021-Q2 |
| 2021-06-24 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2021-06-23 | - | Årsstämma |
| 2021-03-31 | - | Bokslutskommuniké 2020 |
| 2020-10-19 | - | Extra Bolagsstämma 2020 |
| 2020-08-31 | - | Kvartalsrapport 2020-Q2 |
| 2020-06-22 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2020-06-18 | - | Årsstämma |
| 2020-03-31 | - | Bokslutskommuniké 2019 |
| 2019-08-31 | - | Kvartalsrapport 2019-Q2 |
| 2019-06-20 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2019-06-19 | - | Årsstämma |
| 2019-02-28 | - | Bokslutskommuniké 2018 |
| 2018-08-31 | - | Kvartalsrapport 2018-Q2 |
| 2018-07-03 | - | Split HOTEL 50:1 |
| 2018-07-02 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2018-06-30 | - | Årsstämma |
| 2018-02-28 | - | Bokslutskommuniké 2017 |
| 2017-08-31 | - | Kvartalsrapport 2017-Q2 |
| 2017-06-21 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2017-06-20 | - | Årsstämma |
| 2017-02-28 | - | Bokslutskommuniké 2016 |
| 2017-01-18 | - | Extra Bolagsstämma 2017 |
| 2016-12-08 | - | Extra Bolagsstämma 2016 |
| 2016-11-30 | - | Kvartalsrapport 2016-Q3 |
| 2016-08-31 | - | Kvartalsrapport 2016-Q2 |
| 2016-06-26 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2016-06-21 | - | Årsstämma |
| 2016-05-31 | - | Kvartalsrapport 2016-Q1 |
| 2016-02-29 | - | Bokslutskommuniké 2015 |
| 2015-11-30 | - | Kvartalsrapport 2015-Q3 |
| 2015-08-31 | - | Kvartalsrapport 2015-Q2 |
| 2015-06-25 | - | Årsstämma |
| 2015-05-29 | - | Kvartalsrapport 2015-Q1 |
| 2015-05-18 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2015-02-27 | - | Bokslutskommuniké 2014 |
| 2014-11-28 | - | Kvartalsrapport 2014-Q3 |
| 2014-08-29 | - | Kvartalsrapport 2014-Q2 |
| 2014-05-15 | - | Kvartalsrapport 2014-Q1 |
| 2014-05-05 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2014-05-02 | - | Årsstämma |
| 2014-02-28 | - | Bokslutskommuniké 2013 |
| 2013-12-13 | - | Extra Bolagsstämma 2013 |
| 2013-11-29 | - | Kvartalsrapport 2013-Q3 |
| 2013-08-30 | - | Kvartalsrapport 2013-Q2 |
| 2013-05-16 | - | Årsstämma |
| 2013-05-16 | - | Kvartalsrapport 2013-Q1 |
| 2013-02-25 | - | Bokslutskommuniké 2012 |
| 2012-12-11 | - | Extra Bolagsstämma 2012 |
| 2012-11-30 | - | Kvartalsrapport 2012-Q3 |
| 2012-11-01 | - | Split HOTEL 20:1 |
| 2012-08-31 | - | Kvartalsrapport 2012-Q2 |
| 2012-05-17 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2012-05-16 | - | Årsstämma |
| 2012-05-16 | - | Kvartalsrapport 2012-Q1 |
| 2012-02-29 | - | Bokslutskommuniké 2011 |
| 2011-11-30 | - | Kvartalsrapport 2011-Q3 |
| 2011-08-19 | - | Kvartalsrapport 2011-Q2 |
| 2011-05-20 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2011-05-12 | - | Årsstämma |
| 2011-05-12 | - | Kvartalsrapport 2011-Q1 |
| 2011-02-25 | - | Bokslutskommuniké 2010 |
| 2010-12-03 | - | Split HOTEL 20:1 |
| 2010-11-19 | - | Kvartalsrapport 2010-Q3 |
| 2010-08-12 | - | Kvartalsrapport 2010-Q2 |
| 2010-05-20 | - | X-dag ordinarie utdelning HOTEL 0.00 SEK |
| 2010-05-19 | - | Årsstämma |
| 2010-05-19 | - | Kvartalsrapport 2010-Q1 |
| 2009-11-19 | - | Kvartalsrapport 2009-Q3 |
| 2009-04-01 | - | Split HOTEL 100:1 |
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Sällanköp |
| Industri | Resor & Fritid |
After careful consideration, the Board of Directors of First Hotels AB (publ) ("First Hotels" or the "Company") believes that it will benefit all shareholders if the Company's strategy is updated to focus on developing the Company into a pure hotel property company, with the consequence that other businesses in the Company are divested. A sale of shares in First Hotels International AS (the franchise business) is the start of this strategy. The Board of Directors also intends to consider divestment of its operating company that operates the hotel First Hotel Planetstaden in Lund, Sweden. These divestments will enable the Company to reduce overhead and management costs to a minimum. The current balance sheet has a very expensive debt that the board of directors does not consider sustainable under the current conditions. A sale of the franchise business will make the Company better suited for development and debt refinancing, which will ultimately benefit the Company and its shareholders. The hotel acquired by the Company in 2023 has doubled its sales and has an indicated property value of SEK 394 million. In order to maximize the value of the hotel, the Board of Directors believes that the Company needs a comfortable financial structure.
The Board of Directors of the Company has received an offer from a group of investors to sell all shares in the Company's subsidiary First Hotels International AS to the bidders (the "Offer"). The Board of Directors of the Company has further received a proposal from shareholders that the Extraordinary General Meeting of the Company shall approve the Offer.
The offer entails that all shares in the Company's subsidiary First Hotels International AS, and indirectly its subsidiaries, will be transferred to the bid consortium at a value of NOK 30 million, subject to customary purchase price adjustments. The bid consortium consists of Seljeli Invest AS, Gate Group AB and Daimyo AS. The Company's Board member Johan Gate is the owner of Gate Group AB and the Company's Board member Torje Gabrielsen is a partner in Seljeli Invest AS. Due to the fact that Johan Gate and Torje Gabrielsen are indirectly included in the bid consortium, the Offer is treated as a related party transaction pursuant to Chapter 16. and Chapter 16 a. ABL in order to provide the shareholders with a satisfactory basis for decision-making. The offer will therefore be subject to approval by the Extraordinary General Meeting, whereby a statement in accordance with Chapter 16 a. 7 of the Swedish Companies Act and a fairness opinion from an external third party will be provided to the shareholders prior to the meeting. Johan Gate and Torje Gabrielsen have not and will not participate in the Board's handling of the Offer.
Notice of the Extraordinary General Meeting will be published through a separate press release.
The other members of the Board of Directors of the Company are positive to the proposal to divest the franchise business in accordance with the Offer.
For further information, please contact:
Thomas Gillespie, CEO
Tel: +47 940 90 061
E-mail: thomas.gillespie@firsthotels.com
Sepideh Carlsson, CFO
Tel: +46 704 53 25 36
E-mail: sepideh.carlsson@firsthotels.com
About First Hotels
First Hotels AB (publ) is an independent company listed on Nasdaq First North in Sweden (Ticker: HOTEL), providing franchise rights and marketing services to hotels affiliated with the 'First Hotels' chain. There are 57 First Hotels in total, with 32 located in Sweden, 5 in Norway, and 20 in Denmark. The company's headquarters is situated in Stockholm. Mangold Fondkommission, phone +46 8 503 01 550, serves as the Company's Certified Adviser. For more information, please visit www.firsthotelsab.com.
This information is information that First Hotels AB (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 2024-11-07 14:11 CET.