KMC Properties ASA

M&A Activity • Jan 19, 2021

KMC Properties ASA – Last day of the acceptance period under the mandatory offer

KMC Properties ASA – Last day of the acceptance period under the mandatory offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

Reference is made to the mandatory offer (the "Mandatory Offer") dated 21 December 2020 made by EBE Eiendom AS ("EBE") and Kverva Industrier AS ("Kverva Industrier") (jointly the "Offerors") to acquire all issued and outstanding shares in KMC Properties ASA (“KMC” or the “Company”) (OSE: STORM), with acceptance period from and including 22 December 2020 to and including 16:30 hours (CET) on 19 January 2021.

The acceptance period under the Mandatory Offer expires today, 19 January 2021 at 16:30 hour CET. The acceptance period will not be extended.

For further information, please contact:

Charlotte Knudsen, tel. +47 9756 1959

This information is subject of the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act.

About KMC Properties ASA

KMC Properties is a real estate company focusing on industrial- and logistic properties. The company has a diversified portfolio consisting of 39 properties in the Nordics and in the Netherlands, as well as an office building in Moscow, Russia. The properties have long lease agreements with solid tenants.

The company has an ambitious strategy to grow the portfolio through further development of existing properties, as well as M&A initiatives.