Reference is made to the stock exchange announcement made by Public Property
Invest ASA ("PPI" or the "Company") on 16 December 2025, informing of the
completion of the acquisition of a social infrastructure portfolio from
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB"), announced on 11 November
2025 (the "Transaction") and the imminent completion of the private placement
of new ordinary shares in the Company carried out in connection with the
Transaction (the "Private Placement").
The share capital increases pertaining to the 446,858,803 consideration shares
issued in the Transaction to SocialCo Fastigheter AB ("SocialCo"), a company
associated with SBB, and the share capital increase pertaining to the
153,646,693 new shares in the Private Placement have now been registered in
the Norwegian Register of Business Enterprises.
Simultaneously with the issue of new shares in the Transaction and the Private
Placement, SocialCo has transferred 182,353,200 non-voting shares (B shares)
in the Company to SBB. Pursuant to an agreement with Aker ASA, through APG
Invest AS ("APG Invest") with respect to sale and exchange of shares, SBB has
at the same time (i) sold 178,432,867 non-voting shares (B shares), to APG
Invest and (ii) exchanged 3,920,333 non-voting shares (B-shares) of PPI with
the same number of ordinary shares (A shares) of PPI from APG Invest.
Further, and pursuant to the settlement of the Private Placement through,
inter alia, a share lending agreement entered into between APG Invest AS, SBB,
Arctic Securities AS and DNB Carnegie, a part of DNB Bank ASA, and the
Company, SBB has been redelivered 15,000,000 ordinary shares (A shares) used
for settlement of the Private Placement. The share lending is made solely for
settlement purposes and has, as such, consequently not reduced or increased
SBB's ownership interest in the Company.
Please see the attached form of notification and public disclosure pursuant to
the Market Abuse Regulation article 19 for further information regarding the
above transactions.
Following the above transactions SBB's holding of shares, including close
associates, is 196 902 166 ordinary shares (A shares) and 186 964 125
non-voting shares (B shares), corresponding to approx. 34.22% of the total
number of shares representing votes outstanding in the Company (A shares) and
40.63% of the total share capital of the Company (A shares and B shares).
Prior to the transactions, SBB held 100,440,355 ordinary shares of PPI
representing 29.18% of the share capital and votes outstanding in the Company.
Consequently, SBB's registered holding of shares has increased above the 1/3
threshold pursuant to section 4-2 (1) of the Norwegian Securities Trading Act.
SBB's shareholding in PPI is consolidated, with SocialCo, a controlled entity
of SBB, holding 186,964,125 non-voting shares (B-shares) and 77,541,478
ordinary shares (A shares). The remaining 119,360,688 ordinary shares
(A-shares) in SBB's consolidated holding is held by SBB.
The above calculations have been made based on a total of 944,688,314
outstanding shares in the Company, divided into 575,370,989 ordinary shares (A
shares) and 369,317,325 non-voting shares (B shares).
This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation (EU) 596/2014 (MAR) article 19 and section 4-2 and
section 5-12 of the Norwegian Securities Trading Act.