お知らせ • Jan 09
Self Storage Group ASA (OB:SSG) completed the acquisition of Property in Sandviken. Self Storage Group ASA (OB:SSG) agreed to acquire Property in Sandviken for NOK 7.5 million January 9, 2023. The property has a potential lettable area of 430 square meters. The facility is projected to open in Q3 2023 and will be operated under the OK Minilager brand.
Self Storage Group ASA (OB:SSG) completed the acquisition of Property in Sandviken on January 9, 2024, which is an estimated completion date. お知らせ • Nov 11
T-C Storage HoldCo AB completed the acquisition of Self Storage Group ASA (OB:SSG) from group of sellers. T-C Storage HoldCo AB made an offer to acquire Self Storage Group ASA (OB:SSG) from group of sellers for NOK 3.8 billion on September 20, 2023. As per the terms, the offer price per share is NOK 40 for 94,678,584 shares outstanding. The Company’s board of directors unanimously recommends the Offer. Shareholders representing a total of 70.51% of the outstanding Shares have on certain terms and conditions undertaken to accept the Offer. If, as a result of the Offer or otherwise, the Offeror acquires and holds more than 90% of the total issued share capital of the Company representing more than 90% of the voting rights in the Company, the Offeror intends to carry out a compulsory acquisition of the remaining Shares in the Company. The complete details of the Offer, including all terms and conditions, will be contained in an offer document (the “Offer Document”) to be sent to the Company’s shareholders following review and approval by the Oslo Stock Exchange. It is expected that the Offer will be completed in Q4 2023. The offer period under the Offer will expire on November 9, 2023, Completion of the Offer is subject to certain conditions, of the Offer Document, including (but not limited to) the Offer being validly accepted by shareholders of the Company representing, when taken together with any Shares acquired by the Offeror other than through the Offer, more than 90% of the issued, to be issued and outstanding share capital and voting rights of the Company on a Fully Diluted Basis and such acceptances not being subject to any third party consents in respect to pledges or other rights. For purposes of this condition for completion of the Offer, "Fully Diluted Basis" means all issued Shares together with all shares which the Company would be required to issue if all rights to subscribe for or otherwise require the Company to issue additional shares, under any agreement or instrument, existing at or prior to completion of the Offer, were exercised.
Arctic Securities is acting as financial advisor and Advokatfirmaet BAHR is acting as legal advisor to T-C Storage. ABG Sundal Collier is acting as financial advisor and Advokatfirmaet Schjødt is acting as legal advisor to Self Storage Group.
T-C Storage HoldCo AB completed the acquisition of Self Storage Group ASA (OB:SSG) from group of sellers on November 9, 2023. The Offeror has received acceptances of the Offer for a total of 93,842,482 Shares, which is equivalent to approximately 99.12% of the share capital and voting rights in the Company. Conditions for Completion of the Offer of the Offer Document, has been satisfied. お知らせ • Sep 22
T-C Storage HoldCo AB made an offer to acquire Self Storage Group ASA (OB:SSG) from Centerbridge Partners, L.P., First Risk Capital As, Gss Invest As and others for NOK 3.8 billion. T-C Storage HoldCo AB made an offer to acquire Self Storage Group ASA (OB:SSG) from Centerbridge Partners, L.P., First Risk Capital As, Gss Invest As and others for NOK 3.8 billion on September 20, 2023. As per the terms, the offer price per share is NOK 40 for 94,678,584 shares outstanding. The Company’s board of directors unanimously recommends the Offer. Shareholders representing a total of 70.51% of the outstanding Shares have on certain terms and conditions undertaken to accept the Offer. If, as a result of the Offer or otherwise, the Offeror acquires and holds more than 90% of the total issued share capital of the Company representing more than 90% of the voting rights in the Company, the Offeror intends to carry out a compulsory acquisition of the remaining Shares in the Company. It is expected that the Offer will be completed in Q4 2023. Arctic Securities is acting as financial advisor and Advokatfirmaet BAHR is acting as legal advisor to T-C Storage. ABG Sundal Collier is acting as financial advisor and Advokatfirmaet Schjødt is acting as legal advisor to Self Storage Group. Board Change • Sep 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Carl Ameln was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: kr0.13 (vs kr0.23 in 2Q 2022) Second quarter 2023 results: EPS: kr0.13 (down from kr0.23 in 2Q 2022). Revenue: kr104.2m (up 6.5% from 2Q 2022). Net income: kr12.7m (down 41% from 2Q 2022). Profit margin: 12% (down from 22% in 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. お知らせ • Jul 06
Self Storage Group ASA (OB:SSG) entered into an agreement to acquire Property in Gjøvik for NOK 18.9 million. Self Storage Group ASA (OB:SSG) entered into an agreement to acquire Property in Gjøvik for NOK 18.9 million on July 4, 2023. The facility is projected to open in first half of 2024 and will be operated under the City Self-Storage brand. Board Change • May 18
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Carl Ameln was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Chairman of the Board Steven Skaar was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Jan 24
Self Storage Group ASA (OB:SSG) entered into an agreement to acquire Property in Friis Hansens vej 9 in Vejle for DKK 11 million. Self Storage Group ASA (OB:SSG) entered into an agreement to acquire Property in Friis Hansens vej 9 in Vejle for DKK 11 million on January 23, 2023. The facility is projected to open in Q4 2023, and will be operated under the City Self-Storage brand.