Trondheim, 31 October 2025:
Reference is made to the mandatory offer made by Bekken Invest AS (the
"Offeror") to acquire all issued and outstanding shares in KMC Properties ASA
("KMCP" or the "Company") not already owned by the Offeror, for a cash
consideration of NOK 5.80 per share (the "Offer").
In accordance with Section 6-16 of the Norwegian Securities Trading Act, the
Board of Directors of KMCP (the "Board") has today issued its statement
regarding the Offer.
The Board is of the opinion that the Offer represents a reasonable liquidity
alternative for shareholders who wish to realize their investment in KMCP at
this stage. Standalone, the Board is of the opinion that the Offer represents a
fair valuation of the Company based on its current operations. However, the
Board also notes that the Offer Price of NOK 5.80 per share does not necessarily
reflect the potential strategic alternatives currently being explored, including
the contemplated merger with BEWI Invest AS.
The statement is attached hereto and is also available on the Company's website:
https://www.kmcp.no/en/
The Board has been advised by SB1 Markets AS as financial advisor and
Advokatfirmaet Arntzen Grette AS as legal advisor.
This information is subject to disclosure obligations pursuant to the Norwegian
Securities Trading Act sections 5-12 and 6-16.
For further information, please contact:
Ståle Spjøtvold, Chair of the Board
Tel: +47 934 13 273
E-mail: Stale@pretor.no