Genova confirms the early redemption of bond loan 2020/2024

Genova Property Group AB (publ) (the ”Company” or ”Genova”) sent a conditional notice of early redemption (the ”Redemption”) on 27 October 2023 to all holders of the Company's outstanding bonds 2020/2024 with ISIN SE0014808820 (the ”Outstanding Bonds”). The Redemption of the Outstanding Bonds was conditional upon a successful issue of the new green bonds with an initial issue amount of SEK 500 million and a tenor of 3 years under a total framework amount of SEK 750 million (the "New Green Bonds”). Genova hereby confirms that the settlement for the New Green Bonds has occurred and that the condition for the Redemption therefore has been fulfilled.

All Outstanding Bonds will be redeemed early at an amount equal to 102.25 per cent. of the nominal amount plus accrued and unpaid interest. The record date for the Redemption is 17 November 2023 and the redemption date for the Redemption is 24 November 2023. In connection with the Redemption, the Outstanding Bonds will be delisted from Nasdaq Stockholm.

For further information, please contact:

CEO, Michael Moschewitz, mobile +46 (0)70-713 69 39, [email protected]

About Genova
Genova Property Group AB (publ) is a modern property company with a personal touch that owns, manages and develops properties with focus on Greater Stockholm area and Uppsala Region. On 30 September 2023, the value of the company's property portfolio amounted to approximately SEK 10.3 billion with a lettable area of approximately 370,000 sqm and the company held approximately 9,000 building rights for residential units. Genova's share has been listed on Nasdaq Stockholm since 2020.

The information was submitted for publication, through the agency of the contact person set out above, on 16 November 2023, at 4.00 p.m. CET.

Genova – Smålandsgatan 12 – SE-111 46 Stockholm – www.genova.se