SOLON EIENDOM ASA – SHARE ISSUE

Directed share issue towards Vatne Property AS raising gross proceeds of NOK 84.8 million by issuing 2,826,158 new shares, equal to 5% of the share capital in the company.

The company has established two new subsidiaries, Solon Fritid AS and Solon Næring AS, and the net proceeds will strengthen the company’s ability to pursue significant investment opportunities currently under evaluation.

Subsequent offering of up to 1,413,079 new shares, equal to 2.5% of the share capital in the company, directed towards eligible shareholders as of 21 November 2018 who did not participate in the Share Issue.

 

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