Public Property Invest ASA PDMR, Redelivery Of Borrowed Shares
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | OB Match |
| Sektor | Fastigheter |
| Industri | Förvaltning |
Oslo, 30 May 2024: Reference is made to the stock exchange announcement made by Public Property Invest ASA ("PPI" or the "Company", ticker code "PUBLI") on 28 May 2024, regarding the end of the stabilisation period pertaining to the Company's initial public offering of shares (the "Offering").
In total 15,750,000 shares in the Company were borrowed by DNB Markets, a part of DNB Bank ASA (the "Stabilisation Manager"), acting as stabilisation manager in the Offering on behalf of the Managers (as defined in the abovementioned announcement), from SBB Samfunnsbygg AS to facilitate for delivery of over-allotted shares in the Offering. Due to the share loan, SBB Samfunnsbygg AS' shareholding in the Company was temporarily reduced to 59,881,366 shares, equal to approximately 28.71% of the total number of issued shares and votes. The Stabilisation Manager has today, 30 May 2024, redelivered a total of 15,750,000 shares in the Company to SBB Samfunnsbygg AS. Following such redelivery of shares, SBB Samfunnsbygg AS holds 75,631,366 shares in the Company, equal to approximately 36.26% of the total number of issued shares and votes. SBB Samfunnsbygg 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.
SBB Samfunnsbygg AS is a close associate of primary insider and interim CEO, Ilija Batljan, and this information is subject to the disclosure requirements in article 19 of Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act. The form of notification and public disclosure for redelivery of the borrowed shares is attached.