Oslo Børs, in capacity as take-over supervisory authority, has approved payment guarantee pursuant to the Securities Trading Act section 6-22 3rd sub-section no. 3 in connection with compulsory acquisition ("squeeze-out") of shares in Self Storage Group ASA without preceding mandatory offer. In this respect, Oslo Børs has also considered the other relevant conditions applicable for the exemption to present a mandatory offer pursuant to the Securities Trading Act section 6-22 3rd sub-section.
T-C Storage Holdco AB has resolved to effect a compulsory acquisition of the shares in Self Storage Group ASA not already held by T-C Storage Holdco AB pursuant to the Public Limited Liability Companies Act section 4-25.
The price offered under the compulsory acquisition is NOK 40 per share, which would have been the minimum offer price for a mandatory offer from T-C Storage Holdco AB to the shareholders of Self Storage Group ASA.
Attached is a copy of the guarantee document issued by Nordea Bank Abp, filial i Norge, for the benefit of those that are subject to the compulsory acquisition. The guarantee document includes, amongst others, information on the deadline for presenting claims under the guarantee, the address for delivery of claims and the documentation that must be submitted.