New share capital registered

22 May 2025 09:25 CEST

Reference is made to the stock exchange announcement made by Public Property
Invest ASA ("PPI") on 20 May 2025, informing of the completion of the
transaction with TRG Real Estate AS, and the resolution by PPI's board of
directors to issue 30,524,657 consideration shares (the "Tranche 1 Shares")
and 43,956,920 consideration shares (the "Tranche 2 Shares"), in total
74,481,577 shares, as partial consideration under the transaction.

The share capital increase pertaining to the two tranches has now been
registered with the Norwegian Register of Business Enterprises, and PPI's
share capital following such registration is NOK 14,713,316.05 divided into
294.266.321 shares, each with a nominal value of NOK 0.05.

The Tranche 1 Shares will be issued under PPI's regular ISIN NO0013178616 and
will be immediately tradeable on Euronext Oslo Børs upon issue. The Tranche 2
Shares will be issued on a separate interim and unlisted ISIN, pending the
approval by the Financial Supervisory Authority of Norway of a listing
prospectus for such shares (the "Prospectus"). Following approval of the
Prospectus, the Tranche 2 Shares will be transferred to PPI's regular ISIN and
become tradeable on Euronext Oslo Børs.

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

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