Oslo, 29 April 2024: Reference is made to the stock exchange announcement made by Public Property Invest ASA ("PPI" or the "Company") on 25 April 2024, whereby the Company announced the successful completion of the bookbuilding period for its initial public offering of shares (the "Offering"), and the stock exchange announcement on 26 April 2024 informing about the issuance of in total 136,659,509 new shares in the Company (the "New Shares").
Prior to the Offering and issuance of the New Shares, SBB Samfunnsbygg AS held 32,247,720 shares in PPI, equal to approximately 44.83% of the total number of issued shares and votes. As a result of the Offering and issuance of the New Shares, SBB Samfunnsbygg AS has increased its shareholding with 43,383,646 shares to 75,631,366 shares in PPI, equal to approximately 36.26% of the total number of issued shares and votes. To facilitate for delivery of over-allotted shares in the Offering, SBB Samfunnsbygg AS has lent out 15,750,000 shares in PPI to DNB Markets, a part of DNB Bank ASA, acting as stabilisation manager in the Offering. Due to the share loan, SBB Samfunnsbygg AS' has temporarily reduced its shareholding to 59,881,366 shares, equal to approximately 28.71% of the total number of issued shares and votes. SBB Samfunnsbygg AS has no other rights to shares issued by PPI.
Prior to the Offering and issuance of the New Shares, Sagacia AS held 3,598,320 shares in PPI, equal to approximately 5% of the total number of issued shares and votes. Sagacia AS did not participate in the Offering, and as a result Sagacia AS' holding of shares and voting rights in PPI has been reduced to approximately 1.73%. Sagacia AS has no other rights to shares issued by PPI.
This disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act.