Børsmelding 21.06.2021

Launch of offer to acquire shares in Solon by SBB — First day of the offer period

Reference is made to the stock exchange disclosure on 18 June 2021 regarding Samhällsbygnadsbolaget i Norden AB («SBB») launching an offer (the “Offer”) to acquire 5,000,000 shares in Solon Eiendom ASA («Solon» or the «Company») at a purchase price of NOK 40 per share (the “Offer Price”). The Offer Price represents a premium of 5.5 % and 7.6 % to the closing share price of Solon on 18 June 2021 (NOK 37.90 per share) and the 3m VWAP per 18 June 2021 (NOK 37.19 per share), respectively. The offer period commences today on Monday 21 June 2021 and will expire on Friday 25 June 2021 at CEST 16:30 (the “Offer Period”). The number of shares which may be sold by each shareholder in Solon will be calculated based on each shareholder’s shareholding in the Company per 25 June 2021 as registered in VPS on 29 June 2021 (the “Record Date”). An acceptance of the Offer will accordingly comprise the sale of 6.74 % of each Solon shareholder’s holding as registered in the Euronext VPS at the Record Date. It should be noted that Solon Shareholders who own shares registered in the name of brokers, banks, investment companies or other nominees, must transfer all their Solon shares to a VPS account before 29 June 2021 at CEST 14:00 in order for an acceptance of the Offer to be valid. Notification of allocation is expected on or about 30 June 2021 and settlement is expected on or about 5 July 2021. Further details regarding the Offer is included in the attached offer letter. Shareholders who are eligible to participate and who wish to accept the Offer must read the offer letter and complete and sign the acceptance form which is available under the section ”˜Ongoing transactions’ on www.abgsc.com and ensure that it is received by the receiving agent, ABG Sundal Collier, prior to the expiration of the Offer Period. The Offer is not directed to persons whose acceptance of the Offer requires that (i) further documents are issued in order for the Offer to comply with local law or (ii) registration or other measures are taken pursuant to local law. No document or material relating to the Offer may be distributed in or into any country where such distribution or offering requires any of the aforementioned measures to be taken or would be in conflict with any law or regulation of such country. In the event such distribution or offering nevertheless is made, an acceptance form sent from such a country may be disregarded as non-binding for SBB. For further information, please contact: Marika Dimming, Investor Relations at SBB Phone: +46 702 51 66 89 E-mail: ir@sbbnorden.se This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.
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