KMC Properties ASA - Resolution to increase share capital

17.01.2024 19:42

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.