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KMC Properties ASA

Capital/Financing Update Dec 13, 2019

3645_iss_2019-12-13_db35263c-2747-4e15-9e56-47412bff8945.html

Capital/Financing Update

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Storm Real Estate ASA - Extension of conditional agreement with Swedbank AB

Storm Real Estate ASA - Extension of conditional agreement with Swedbank AB

Oslo, 13.12.2019. Reference is given to the public announcement published on 29 November 2019, where the company informed that it had signed a conditional agreement with Swedbank AB valid until 15 December 2019.

The company has today entered into an extension of the agreement so that it now will lapse at the latest on 15 January 2020 if the conditions are not met.

If the agreement is completed, it is likely that the company has a financial fundament to continue operating.

For more information, please contact:

Kristoffer Holmen, interim general manager

[email protected]

Phone: +4792814862

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