Public Property Invest

Share Issue/Capital Change • Apr 3, 2025

Completion of transaction with Carucel Eiendom

Completion of transaction with Carucel Eiendom

Reference is made to the stock exchange announcement made by Public Property

Invest ASA ("PPI") on 1 April 2025, whereby PPI announced the transaction to

acquire two property companies for assisted living services in the field of

substance abuse, mental health and physical disabilities from Carucel Eiendom

(the "Transaction").

The Transaction was completed today, 3 April 2025. As part of completion of

the Transaction and to issue the 4,594,620 consideration shares in the

Transaction, PPI's board of directors has resolved to increase PPI's share

capital with NOK 229,731 pursuant to the authorisation to increase PPI's share

capital granted by PPI's general meeting on 12 April 2024.

Following registration of the share capital increase pertaining to the

consideration shares in the Norwegian Register of Business Enterprises, PPI's

share capital will be NOK 10,989,237.20 divided into 219,784,744 shares, each

with a nominal value of NOK 0.05.

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12.

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-04-03 15:26 CEST.