KMC PROPERTIES - Receipt of consideration shares by BEWI - disclosure of large shareholding

01.06.2023 06:49

Reference is made to the announcements by KMC Properties ASA (the "Company") on 31 March 2023 and 19 April 2023 regarding the acquisition of four properties from BEWI ASA ("BEWI"), and issuance of 20,235,931 new shares in the Company (the "Consideration Shares") to BEWI as part settlement of the acquisitions. On 31 May 2023, BEWI received the Consideration Shares and passed the 5 per cent threshold in the Company. Following the transaction BEWI holds 28,807,359 shares in the Company, corresponding to approximately 8.4 per cent of the issued share capital and votes. 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 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 disclosure is made pursuant to section 4-2 of the Norwegian Securities Trading Act.