KMC Properties ASA

Director's Dealing • Dec 1, 2016

Storm Real Estate ASA - mandatory notification of trades

Storm Real Estate ASA - mandatory notification of trades

Strategic Investments A/S, where Kim Mikkelsen is Managing

Director and Board Member, has on 30/11/2016 bought 300,000

shares in the company at a price of NOK 4.50 per share.

Mikkelsen is also Alternate Board Member and Primary Insider

of Storm Real Estate ASA. Total holding after this

transaction is 3,500,998 shares.

Aconcagua Management Ltd, owned by board member and primary

insider Morten E. Astrup, has on 30/11/2016 net purchased

128,855 shares in Storm Real Estate ASA at NOK 4.50 per

share. Holdings after this transaction are 3,128,855 shares.

Ørn Norden AS, 50% controlled by Morten E. Astrup has on

30/11/2016 sold 170,000 shares at NOK 4.50 per share.

Holdings after this transaction are 178,060 shares.

Storm Capital Management, owned by primary insiders Morten

E. Astrup and Erik M. Mathiesen, has on 30/11/2016 sold

160,000 shares in Storm Real Estate ASA at 4.50 NOK per

share. Holdings after this transaction are 0 shares.

Storm Capital Partners Ltd, owned by primary insiders Morten

E. Astrup and Erik M. Mathiesen, has on 30/11/2016 sold

98,855 shares in Storm Real Estate ASA at 4.50 NOK per

share. Holdings after this transaction are 0 shares.

Storm Nordic Fund, 100% controlled by Morten E. Astrup is

under dissolution. The final dissolution is planned for 8

December, and Storm Nordic Fund's assets, including 800,000

shares in Storm Real Estate ASA will be distributed to its

sole shareholder Aconcagua Management Ltd, also 100%

controlled by Morten E. Astrup. This distribution will not

change Astrup's total number of controlled shares in Storm

Real Estate ASA.

After the transactions on 30/11/2016 the total number of

shares controlled by Morten E. Astrup via managed funds and

companies totals 4,106,915 shares.