Reference is made to the stock exchange notice published on 1 April 2022 (the “1 April Notice”), whereas BEWI Invest AS, the largest shareholder of KMC Properties ASA, announced its agreement to purchase shares in KMC Properties from Kverva Industrier AS and sell to HAAS AS.
BEWI Invest has now completed its acquisition of the 68 622 632 shares in KMC Properties from Kverva Industrier in accordance with the forward contract described in the 1 April Notice.
Further, BEWI Invest will sell 67 250 000 shares in KMC Properties to HAAS as described in the 1 April Notice within four weeks after completion of the share acquisition from Kverva Industrier.
Consequently, BEWI Invest will not put forward a mandatory offer for the remaining shares in KMC Properties.
For further information, please contact:
Charlotte Knudsen, IR and Communications KMC Properties ASA, tel. +47 97561959
About KMC Properties
KMC Properties is an Oslo Børs-listed real estate company focusing on industrial- and logistic properties. The company has a diversified portfolio of properties, mainly in the Nordics and the Netherlands. The properties are strategically located and have long lease agreements with solid tenants.
KMC Properties has an ambitious strategy to grow the portfolio through further development of existing properties, as well as M&A initiatives.