Sverker Källgården joins as new CEO for Cibus Nordic Real Estate AB (publ)

The board of directors of Cibus Nordic Real Estate AB (publ) ("Cibus",) has appointed Sverker Källgården as new CEO of the company. Mr Källgården will start his new position on 4 March 2019.

Sverker Källgården has an extensive experience from the real estate sector. Most recently, he served for five years as the CEO of ByggPartner, a Swedish construction company. During his tenure there, he led ByggPartner's transformation into a profitable company suitable for listing. He successfully oversaw the listing of the company on Nasdaq First North and continued working on expanding the company's investor base and increasing the knowledge of the company. Prior to ByggPartner, Mr Källgården held senior positions both in NCC and in Hufvudstaden, where he amongst other things served for seven years as CEO of AB Nordiska Kompaniet "NK".

- "Cibus is currently in a very interesting phase. As the business is healthy, growing and performing according to business plan, the key focus areas lie in increasing the knowledge of the company amongst investors at large as well as in creating an internal organisation for the company. We strongly believe that in Sverker, we have found the most suitable person to lead the company forward.", says Patrick Gylling, Chairman of the Board.

Stockholm 11 February 2019

For further information, please contact:
Patrick Gylling, Chairman, Cibus Nordic Real Estate (+358 40 5426 397)

This information is information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out below, at 11:00 CET on 11 February 2019. 

Cibus is a real estate company listed on Nasdaq First North in Stockholm. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with reputable grocery and discount store chains as anchor tenants. The company currently owns 132 properties in Finland. The main tenants are Kesko (58% of the properties), Tokmanni (28%) and S-Group (8%). An additional 6% of the properties are let to other daily-goods operators like Lidl, Halpa-Halli or independent grocers. FNCA Sweden AB, +46(0)8-528 00 399 info@fnca.se, is appointed Certified Adviser

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