Pioneer Property Group ASA: Completed share capital reductions through redemption of ordinary shares and preference shares

22 Jan 2025 09:53 CET

On 3 December 2024, the extraordinary general meeting of Pioneer Property Group
ASA (the "Company") passed a resolution to reduce the Company's share capital by
NOK 3,284,048, through the redemption of a total of 3,284,048 ordinary shares.
Furthermore, the extraordinary general meeting passed a resolution to reduce the
Company's share capital by NOK 500,000, through the redemption of a total of
500,000 preference shares held in treasury by the Company.

The six-week creditor notification period for the share capital reductions
expired on 16 January 2025. The share capital reductions were registered with
the Norwegian Register of Business Enterprises today, 22 January 2025, and have
thereby been completed.

Following completion of the share capital reductions, the share capital of the
Company is NOK 10,898,975 divided into 6,530,422 ordinary shares and 4,368,553
preference shares, each with a nominal value of NOK 1.

This announcement is subject to disclosure under the Norwegian Securities Act
Section 5-12 and the requirements of Oslo Børs' Continuing Obligations.

Contact details for further information:
Øystein Grini, CFO
Telephone: +47 46 29 67 19
E-mail: IR@pioneerproperty.no

More information:
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