Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Fastigheter |
| Industri | Förvaltning |
Reference is made to the stock exchange announcement made by Public Property Invest ASA ("PPI") on 13 May 2025, where PPI announced the transaction to acquire a portfolio of eight mission critical industrial infrastructure assets from TRG Real Estate AS ("TRG") in exchange for 124,398,074 new ordinary shares in PPI (the "Consideration Shares"). The Consideration Shares will be issued in three tranches.
To approve the issuance of the 30,524,657 Consideration Shares under tranche 1 (the "Tranche 1 Shares"), which will be issued subject to closing of the transaction, PPI's board of directors has today resolved to increase PPI's share capital with a total of NOK 1,526,232.85 pursuant to authorisations to increase PPI's share capital granted by PPI's general meeting on 12 April 2024.
Closing of the transaction is expected on or about 20 May 2025 and the Tranche 1 Shares will be issued shortly thereafter.
Of the 30,524,657 Tranche 1 Shares, 16,314,850 Tranche 1 Shares will upon issuance be delivered to SBB I Norden AB pursuant to the agreement between SBB I Norden AB, SamhÀllsbyggnadsbolaget i Norden AB and TRG referred to in the abovementioned stock exchange announcement.
This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12.