Entra

Announcement regarding launch of SBB voluntary offer

27.11.2020 08:55:38 CET | Entra ASA | Additional regulated information required

to be disclosed under the laws of a member state

The board of directors (the "Board") of Entra ASA (the "Company") notes that

Samhällsbyggnadsbolaget i Norden AB ("SBB") today has launched its voluntary

offer, as announced by the stock exchange notice dated 24 November from SBB, for

the Company's shares (the "SBB Offer").

Reference is made to the Company's announcement 24 November. As stated, the

Board has concluded that the SBB Offer will not be recommended. However, the

Board will review the offer document to fully understand the terms and

conditions of the SBB Offer before providing the recommendation to the Company's

shareholders as required by the Norwegian Securities Trading Act chapter 6.

Reference is also made to the Company's announcement 26 November regarding the

announcement made by Castellum AB ("Castellum") on its acquisition of 8.24% of

the shares in the Company from the Norwegian state and Castellum's intention to

put forward a voluntary share exchange and cash offer for the Company's shares

(the "Castellum Offer").

Shareholders are advised to refrain from taking any action in respect of their

shares in the Company which may be prejudicial to their interests, and to

exercise caution when dealing in the shares of the Company. There can be no

certainty that any offer will be made or completed.

For further information, please contact

Siri Hatlen, Chair of the Board of Directors, + 47 91744863,

Sonja Horn, CEO, +47 90568456, [email protected]

Anders Olstad, CFO, +47 90022559, [email protected]

DISCLAIMER

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

ATTACHMENTS

* Download announcement as PDF.pdf

[https://kommunikasjon.ntb.no/ir-files/16126567/194/221/Download%20announceme

nt%20as%20PDF.pdf]

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