As the reason for his resignation, Oscar Stibeck has stated that he lacks confidence in the Board of Directors proposed for election at the Extraordinary General Meeting to be held by the company on November 9 this year, and that the company's current ownership structure is so unclear that it creates uncertainty about the company's future.

"Oscar Stibeck has brought stability and professionalism to the company's management during his short time as CEO, and I regret that he has now chosen to leave the company. At the same time, I understand that serving as CEO under the current circumstances may be perceived as an excessively thankless task," says Per von Wowern, Chairman of the Board of Fastator.

 

Oscar Stibeck's notice period is three months but may be changed by agreement. The Board will initiate the process of recruiting a successor and intends to provide further information once the recruitment process has been completed.

 

At the same time, Fastator announces that the CEO, in his capacity as the person responsible for the company's accounting, has determined that the value of the properties in Point Properties needs to be written down by approximately SEK 150 million in the interim report for January–September 2026. Based on the values reported in Q2, the write-down means that the net asset value of Point Properties will decrease from SEK 212 million to SEK 62 million and that the Group's reported net asset value will amount to approximately SEK 1,223 million, all else being equal.

 

The write-down relates to property values in Point Properties and is based on a revised valuation model. Fastator's valuations have previously been based on external valuations. The company currently values the properties at their estimated transaction values, in consultation with transaction advisers. These values will be reported in the interim report for January–September 2026, which will be published on November 27, 2026. The valuation is preliminary and subject to review by the auditor.