Mandatory notification of trade

Skogstad Kinetics AS, owned 100% by Marit Skogstad Rønningen, a
related party to CEO Runar Rønningen, has on 1 December 2015
acquired 4,050 preference shares in Pioneer Property Group ASA
(PPG) at an average price of NOK 98.75 per share. After the
transaction, Skogstad Kinetics AS owns 4,050 preference shares
in PPG.