KMC Properties ASA
KMC Properties ASA
09/17/2021 | Press release | Distributed by Public on 09/17/2021 01:01
KMC Properties ASA – Flagging announcement
Reference is made to the stock exchange announcement published on 16 September 2021 by KMC Properties ASA announcing the completion of a private placement of 37,500,000 new shares in the Company. As a consequence of the issuance of new shares, one of the majority owners, Kverva Industrier AS, will pass the threshold of 33.3 per cent ownership in the Company. Prior to the private placement, Kverva Industrier AS held 34.22 per cent of the total outstanding shares in KMC Properties. Following registration of the new shares issued, Kverva Industrier's holding will be 29.62 per cent. For further information, please contact: Charlotte Knudsen, IR and Communications KMC Properties ASA, tel. +47 97561959 About KMC Properties ASA KMC Properties is an Oslo Børs-listed real estate company focusing on industrial- and logistic properties. The company has a diversified portfolio of properties in the Nordics and the Netherlands, as well as an office building in Moscow, Russia. The properties are strategically located and have long lease agreements with solid tenants. KMC Properties has an ambitious strategy to grow the portfolio through further development of existing properties, as well as M&A initiatives. The information is such that KMC Properties ASA is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09:00 CET on 17 September 2021.