New share capital registered

21 Oct 2024 10:25 CEST

Reference is made to the stock exchange announcement made by Public Property
Invest ASA ("PPI") on 14 October 2024, whereby PPI announced the acquisition
of the property Jærveien 33 in Sandnes city center, and the resolution by
PPI's board of directors to issue new shares as consideration to the sellers
in the transaction.

The share capital increase pertaining to the transaction has been registered
with the Norwegian Register of Business Enterprises. Following the issuance of
the new shares, PPI's share capital is NOK 10,519,682.75 divided into
210,393,655 shares, each with a nominal value of NOK 0.05.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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