CapMan Oyj

CapMan Plc announced it will redeem the remaining €3,951,000 of the €50 million notes issued in December 2020 on December 9, 2024. The redemption will be at 100% of the principal amount plus any accrued interest. This decision is in line with the terms of the notes and is irrevocable. CapMan is a Nordic private asset expert managing €6 billion in assets and aims to provide attractive returns and innovative solutions. The company is committed to reducing greenhouse gas emissions and achieving net-zero emissions by 2040. CapMan has a strong presence in the unlisted market with diverse investment strategies and employs around 200 professionals across various European cities. It has been listed on Nasdaq Helsinki since 2001.

CapMan Plc announced its financial reporting schedule and Annual General Meeting for 2025. The Financial Statements Bulletin for 2024 will be released on February 13, 2025, and the Annual Report will be available in early March. The Annual General Meeting is scheduled for March 25, 2025, in Helsinki. CapMan will also issue three additional financial reports in 2025, available in both Finnish and English on their website. CapMan is a Nordic private asset expert with €6.0 billion in assets under management, focusing on value creation and sustainable investment strategies. The company employs around 200 professionals in various locations and has been listed on Nasdaq Helsinki since 2001.

CapMan Plc released its Q3 Interim Report for 2024, highlighting significant growth and strategic developments. The company reported a 20% increase in assets under management (AUM), reaching EUR 6.0 billion by the end of September, driven by new capital raised and strategic acquisitions. Fee income grew by 14%, and fee profit increased by nearly 70%, showcasing the scalability of CapMan's business model. The company completed the divestment of its service business, CaPS, for EUR 75 million, allowing it to focus on its core private asset fund management business. This divestment is expected to positively impact CapMan’s 2024 earnings and liquidity. The company aims to grow earnings from its core business and plans to propose a dividend of EUR 0.14 per share in 2025. CapMan has set long-term financial objectives, including a growth target of over 15% annually for its Management Company and Service businesses, and a return on equity target of more than 20% annually. The company anticipates continued AUM growth and increased fee profit in 2024 but does not provide specific numeric estimates due to the nature of its business. CapMan remains committed to sustainable value creation and has set greenhouse gas reduction targets aligned with the 1.5°C scenario.

CapMan Plc announced that it will release its interim report for the period from January 1 to September 30, 2024, on November 7, 2024, at around 8:00 a.m. EET. A webcast press conference to present the results will follow at 9:30 a.m. EET, conducted in English, with a Q&A session. The report and presentation materials will be available on CapMan's website. CapMan is a Nordic private asset expert managing €5.8 billion in assets, focusing on value creation and offering investment strategies in real estate, infrastructure, and more. CapMan aims for net-zero GHG emissions by 2040 and employs around 200 professionals across several European cities. The company is listed on Nasdaq Helsinki.

CapMan Plc has agreed to sell its 92.7% stake in CapMan Procurement Services (CaPS) Ltd to Proxer Bidco Oy for EUR 75 million, with the transaction expected to close on October 31, 2024. This move aligns with CapMan's strategy to focus on its core business of private asset fund management, aiming to enhance earnings, liquidity, and solidity in 2024. CaPS, a service concept aimed at reducing indirect spending for its members, has grown significantly and will continue to expand under its new ownership. Key employees of CaPS will reinvest in the business. CapMan plans to use resources from this sale to accelerate growth in its private asset fund management operations, and will provide more details on its strategic focus at a Capital Markets Day on March 11, 2025. CapMan, a Nordic private asset expert with €5.8 billion in assets under management, is committed to sustainable investment practices and aims for net-zero greenhouse gas emissions by 2040.

CapMan Plc announced that its Board of Directors has decided to distribute an additional dividend of EUR 0.04 per share, as authorized by the Annual General Meeting held on 27 March 2024. Initially, the Board proposed a total dividend of EUR 0.10 per share for the financial period ending 31 December 2023, with EUR 0.06 per share already paid on 9 April 2024. The additional dividend will be paid on 27 September 2024, with the ex-dividend date set for 19 September 2024 and the record date for 20 September 2024. CapMan is a Nordic private asset expert with €5.8 billion in assets under management, focusing on value creation and sustainable investments. The company employs around 200 professionals across several European cities and has been listed on Nasdaq Helsinki since 2001.