Geveran Trading Co. Limited ("Geveran"), has on 15th July 2021 acquired
95,766,570 shares in Norwegian Property ASA (OSE: NPRO) at a price of NOK 18.25
per share. Following the acquisition, Geveran holds 618,867,613 shares in
Norwegian Property ASA, equalling 95.2% of the shares and votes in Norwegian
Property ASA. 
Geveran may purchase further shares in Norwegian Property offered to it during
the period from today until 1630 CEST on 13th 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 through ABG Sundal Collier (phone: +47 22 01 60 00 / mail:
reception.oslo@abgsc.no) or DNB Markets, a part of DNB 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 in Norwegian 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 in October 2021 at the earliest).
This information is subject to the disclosure requirements set out in section
4-2 of the Norwegian Securities Trading Act.