Entra

Update on announced mandatory offer

5.11.2021 08:30:17 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") refers to the

announcement made by Fastighets AB Balder ("Balder") on 12 October 2021 with

regard to disclosure of large shareholding and mandatory offer requirement.

Following approval by the Oslo Stock Exchange of the offer and the offer

document, by statutory requirements no later than 9 November 2021, the mandatory

cash offer is expected to be launched shortly by Balder. The Board refers to the

offer document (when announced) for the terms, including the price per share, of

the mandatory offer and the offer period.

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. The Board will in

accordance with statutory law in due time, at the latest one week before expiry

of the offer period, provide a recommendation to the Company's shareholders on

whether they should or should not accept the mandatory offer.

Gjensidige Forsikring ASA has by a stock exchange notice on 26 October stated

that there are ongoing dialogues with interested parties regarding a

contemplated divestment of Oslo Areal AS. The Board considers this as a

strategic opportunity for Entra and would in light of the circumstances inform

that Entra is one of several interested parties engaged in ongoing dialogues

with the sellers of Oslo Areal AS. Further announcements in this respect will be

made if and when relevant.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

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

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/16126567/944/1246/Download%20announcement%

20as%20PDF.pdf

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