The Issuer hereby announces that following a public offer made by the Teachers Insurance and Annuity Association of America through T-C Storage BidCo AB ("T-C Storage BidCo"), T-C Storage Bidco has acquired approximately 92.38 per cent. of the shares in the Issuer. The acquisition has been completed on the date hereof, causing a Change of Control Event (as defined in the Terms and Conditions) to occur under the Terms and Conditions.
 
Pursuant to Clause 9.4 (Mandatory repurchase due to a Change of Control Event, Listing Failure Event and De-listing Event (put option)) of the Terms and Conditions, each holder of a Bond (a "Bondholder") therefore has the right to request that all, or only some, of its Bonds are repurchased at a price per Bond equal to 101.00 per cent. of the nominal amount together with accrued but unpaid interest.
 
A Bondholder that wishes to exercise its repurchase right (put option) shall within 20 Business Days from the date the notice of a Change of Control Event is considered delivered pursuant to the Terms and Conditions (the date this notice shall be considered delivered is 8 December 2021 and the date falling 20 Business Days thereafter is hence 10 January 2022) ensure that a notice is delivered to the below address:
 
24Storage AB (publ)
Att. Fredrik Sandelin
Box 7723, 103 95 Stockholm, Sweden
 
For the avoidance of doubt, for the purpose of determining when a notice has been delivered to the Issuer, Clause 24(b)(ii) of the Terms and Conditions shall apply.