Transfer of shares in Public Property Invest ASA within the SBB group – Exemption from mandatory offer obligation, mandatory notification of trades by close associates of primary insider and disclosure of large shareholding

15 Jul 2024 08:59 CEST

The Company's largest shareholder, SBB Samfunnsbygg AS (being a close associate
of primary insider Ilija Batljan, interim CEO of Public Property Invest ASA),
has today, on 15 July 2024, transferred all its 75,631,366 shares (the "Shares")
in Public Property Invest ASA (the "Company") to its indirect parent company,
Samhällsbyggnadsbolaget i Norden AB (the "Transfer").

Samhällsbyggnadsbolaget i Norden AB owns 100% of the shares in SBB Samfunnsbygg
AS via several wholly-owned subsidiaries, and the Transfer will hence not entail
any change of control or any changes in the beneficial ownership of the Shares.

Following the Transfer, Samhällsbyggnadsbolaget i Norden AB holds 75,631,366
shares in the Company, equal to approximately 36.26% of the total number of
issued shares and votes in the Company. SBB Samfunnsbygg AS will following the
transfer hold zero shares in the Company.

The Oslo Stock Exchange, in its capacity as takeover supervisory authority, has
in a decision dated 12 July 2024 resolved to grant an exemption from the
mandatory bid obligation pursuant to section 6-2 (3) of the Norwegian Securities
Trading Act with respect to the Transfer.

Please see the attached form of notification and public disclosure for details
of the transaction.
This information is subject to the disclosure requirements in article 19 of
Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the
Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

623640_SBB_ PDMR-vedlegg overføring av aksjer fra SBB Samfunnsbygg til Samhälls i Norden AB(20104649.1).pdf