Entra — Major Shareholding Notification 2021

Oct 12, 2021

Entra ASA - disclosure of large shareholding and mandatory offer requirement

Entra ASA - disclosure of large shareholding and mandatory offer requirement

Fastighets AB Balder (“Balder”) has on 12 October 2021 acquired in total 610,059 shares in Entra ASA. Following the acquisition, Balder holds 61,320,119 shares in Entra ASA, equalling 33.67 % of the shares and votes in Entra ASA.

The acquisition has triggered an obligation for Balder to make a mandatory offer pursuant to section 6-1 of the Norwegian Securities Trading Act. Balder will put forward a mandatory offer to acquire all shares not held by Balder within the four weeks deadline stipulated by section 6-10 (1) of the Norwegian Securities Trading Act. The highest price Balder has paid for shares in Entra ASA during the last six months corresponds to NOK 202.50 per share (adjusted for dividend of NOK 2.50 per share distributed in October 2021).

This information is subject to the disclosure requirements pursuant to section 4-2 and 6-8 of the Norwegian Securities Trading Act.