KMC Properties ASA - Dividend Shares

18.07.2024 20:50

Reference is made to the announcements on 3 July 2024 and 4 July 2024, whereby KMC Properties ASA ("KMC Properties" or the "Company") announced information relating to dividend payments. Logistea AB (publ) ("Logistea") has acquired all shares in KMC Properties HoldCo AS, a wholly-owned subsidiary of KMC Properties, and thereby acquired all of the operations in the KMC Properties group, with payment in newly issued shares in Logistea (the "Consideration Shares") to KMC Properties. Consideration Shares with a value of in total NOK 2,665,000,000 (the "First Distribution Shares") shall be distributed to the Company's shareholders in July 2024 and the remaining Logistea shares then held by KMC Properties (the "Second Distribution Shares") will be distributed in late Q3 or early Q4 2024. The First Distribution Shares consists of a total of 10,991,854 A-shares and 145,015,714 B-shares in Logistea and are being distributed based on KMC Properties' shareholder records as of 5 July 2024 (as registered in Euronext Securities Oslo ("VPS") on 9 July 2024). A total of 10,204,135 A-shares and 134,617,357 B-shares in Logistea are being distributed as dividend in kind on 18 and 19 July 2024 to eligible KMC Properties shareholders who have requested receipt of the First Distribution Shares on a Swedish deposit account. The remaining First Distribution Shares, amounting to 787,719 A-shares and 10,398,357 B-shares in Logistea, will be distributed as Norwegian Depository Receipts ("NDRs"). Eligible shareholders in KMC Properties receiving NDRs representing their First Distribution Shares are expected to receive their NDRs by the end of July 2024. For additional information, please contact: Christian Linge, christian.Linge@kmcp.no This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.