New share capital registered

Reference is made to the stock exchange announcements made by Public Property Invest ASA (“PPI”) on 19 December 2024 and 20 December 2024, whereby PPI announced the completion of the acquisition of Strandgaten 229 in Bergen and the completion of the acquisition of Rigedalen 5 in Kristiansand, and the resolutions by PPI's board of directors to issue a total of 4,710,170 new shares in PPI as consideration to the sellers in the transactions.

The share capital increases pertaining to the transactions have been registered with the Norwegian Register of Business Enterprises. Following the issuance of the new shares, PPI's share capital is NOK 10,755,191.25 divided into 215,103,825 shares, each with a nominal value of NOK 0.05.
 
Contact: Ilija Batljan, Interim CEO, [email protected]