Reference is made to the stock exchange announcement published by KMC Properties
ASA (the "Company") on 16 January 2024, regarding the exercise notice received
from Nordika Blue AB ("Nordika"), by which Nordika exercised their call option
for new shares in the Company at a subscription price of NOK 5.75 per share, for
a total amount of NOK 130,000,002.
Today, 17 January 2024, the Company's board of directors has, pursuant to the
authorisation granted by the extraordinary general meeting held on 1 December
2023, resolved to increase the Company's share capital with NOK 4,521,739.20 by
the issuance of 22,608,696 new shares, each with a nominal value of NOK 0.20, at
a subscription price of NOK 5.75 per share to Nordika's subsidiary Flugfiskaren
AB to honour the exercised call option.
Following registration of the share capital increase with the Norwegian Register
of Business Enterprises (Nw. Foretaksregisteret), the Company's share capital
will be NOK 83,347,655.20, divided into 416,738,276 shares, each with a nominal
value of 0.20.
For further information, please contact:
Kristoffer Holmen, CFO tel. +47 92 81 48 62
About KMC Properties ASA
KMC Properties is an Oslo Børs-listed real estate company focusing on industrial
and logistic properties. The company has a diversified portfolio of properties
in the Nordics, Belgium, Germany and the Netherlands. The properties are
strategically located and have long lease agreements with solid tenants. KMC
Properties has an ambitious strategy to grow the portfolio through further
development of existing properties, as well as M&A initiatives.
This information is subject to disclosure under the Norwegian Securities Act
section 5-12 and the requirements of Oslo Børs' Continuing Obligations.