Pioneer Property Group ASA

Director's Dealing • Jan 11, 2017

Mandatory Notification of Trade / Shareholder Disclosure

Mandatory Notification of Trade / Shareholder Disclosure

Grafo AS, owned 100% by Even Carlsen, a member of the Board

of Directors of Pioneer Property Group ASA, has on 11

January 2017 acquired 52,500 preference shares in Pioneer

Property Group ASA (PPG) at an average price of NOK 95 per

share. After the transaction, Grafo AS owns 326,484

preference shares, equivalent to 5.02% of the total

preference shares, in addition to ownership of 1,773,386

ordinary shares in PPG. After the transaction, Grafo AS

therefore owns 12.87% of the total shares (ordinary and

preference shares combined) in the company, equivalent to

17.26% of the voting capital (accounting for the 1/10th

voting right of the preference shares).