NORWEGIAN PROPERTY ASA Geveran Trading Co. Limited ("Geveran"), has on15th July 2021 acquired 95,766,570 shares inNorwegian Property ASA (OSE: NPRO) at a price ofNOK 18.25 per share. Following the acquisition, Geveran holds 618,867,613 shares inNorwegian Property ASA , equalling 95.2% of the shares and votes inNorwegian Property ASA . Geveran may purchase further shares inNorwegian Property offered to it during the period from today until1630 CEST on13th August 2021 at the same price,NOK 18.25 per share. Any shareholder wishing to sell its shares to Geveran on this basis can do so throughABG Sundal Collier (phone: +47 22 01 60 00 / mail: reception.oslo@abgsc.no) orDNB Markets , a part ofDNB Bank ASA (phone: +47 24 16 90 20 / mail: gunnar.laksesvela@dnb.no). Geveran reserves the right to accept or reject any shares offered to it at its sole discretion. Settlement will be on ordinary market terms, i.e. against delivery of the shares 2 days after conclusion of the agreement. Following expiry of the above offer period, Geveran intends to carry out a compulsory acquisition of the remaining shares inNorwegian Property ASA . The price offered in the compulsory acquisition will be the same as in the above referred offer,NOK 18.25 . Settlement for shares acquired in the compulsory acquisition will be in accordance with the provisions in the Norwegian Public Limited Companies Act sec. 4-25 (expected inOctober 2021 at the earliest). This information is subject to the disclosure requirements set out in section 4-2 of the Norwegian Securities Trading Act.
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