Public Property Invest

Public Property Invest ASA Redelivery of borrowed shares - Disclosure of large shareholding

Oslo, 30 May 2024: Reference is made to the stock exchange announcement made

by Public Property Invest ASA ("PPI" or the "Company", ticker code "PUBLI") on

28 May 2024, regarding the end of the stabilisation period pertaining to the

Company's initial public offering of shares (the "Offering").

In total 15,750,000 shares in the Company were borrowed by DNB Markets, a part

of DNB Bank ASA (the "Stabilisation Manager"), acting as stabilisation manager

in the Offering on behalf of the Managers (as defined in the abovementioned

announcement), from SBB Samfunnsbygg AS to facilitate for delivery of

over-allotted shares in the Offering. Due to the share loan, SBB Samfunnsbygg

AS' shareholding in the Company was temporarily reduced to 59,881,366 shares,

equal to approximately 28.71% of the total number of issued shares and votes.

The Stabilisation Manager has today, 30 May 2024, redelivered a total of

15,750,000 shares in the Company to SBB Samfunnsbygg AS. Following such

redelivery of shares, SBB Samfunnsbygg AS holds 75,631,366 shares in the

Company, equal to approximately 36.26% of the total number of issued shares

and votes. SBB Samfunnsbygg AS has no other rights to shares issued by PPI.

This disclosure is made pursuant to section 4-2 of the Norwegian Securities

Trading Act.

SBB Samfunnsbygg AS is a close associate of primary insider and interim CEO,

Ilija Batljan, and this information is subject to the disclosure requirements

in article 19 of Regulation EU 596/2014 (the EU Market Abuse Regulation) and

section 5-12 of the Norwegian Securities Trading Act. The form of notification

and public disclosure for redelivery of the borrowed shares is attached.

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