THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, INAUSTRALIA ,CANADA ORJAPAN , OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFULOslo ,3 February 2022 - Reference is made to the stock exchange announcement on13 January 2022 where Oslo Børs in its capacity as takeover-authority granted Solon Eiendom Holding AS ("Solon Holding ") an exemption from the mandatory bid obligation inSolon Eiendom ASA (the "Company" or "Solon Eiendom ") pursuant to section 6-2 (3) of the Norwegian Securities Trading Act. The exemption was conditional onSolon Holding resolving a compulsory acquisition of the shares in the Company within four weeks after the expiry of the offer period for the mandatory offer put forward by Samhällsbyggnadsbolaget iNorden AB (publ) ("SBB") (i.e. within18 February 2022 ).Solon Holding owns a total of 78,816,336 shares inSolon Eiendom , representing 96.6% of the total registered share capital and voting rights in the Company. The board of directors ofSolon Holding has, effective from after close of trading on Oslo Børs today,3 February 2022 , resolved to carry out the compulsory acquisition of all remaining shares in the Company not owned bySolon Holding , pursuant to Section 4-25 of the Norwegian Public Limited Liability Companies Act cf. Section 6-22 (3) the Norwegian Securities Trading Act. As a consequence,Solon Holding has assumed ownership of all shares in the Company. The offered redemption price under the compulsory acquisition isNOK 44 per share, which is equivalent to the offer price that would have been payable bySolon Holding in a mandatory offer and is the applicable offer price for the compulsory acquisition according to section 6-22 of theNorwegian Securities Trading Act.Solon Holding has obtained a guarantee for the settlement under the compulsory acquisition in accordance with section 6-22 (3) no. 3 of the Norwegian Securities Trading Act. Any objections to, or rejection of, the offered redemption price must be made at the latest on3 April 2022 . Former shareholders of the Company who do not object to, or reject, the offered redemption price within this deadline will be deemed to have accepted the offered price. Settlement of the redemption price to the minority shareholders will take place as soon as possible and no later than10 February 2022 . A notice regarding the compulsory acquisition will be sent to all former shareholders subject to the compulsory transfer, whose addresses are known. In addition, the compulsory acquisition will be announced through the electronic notice service of theNorwegian Register ofBusiness Enterprises (Nw. Brønnøysundregistrene). As a consequence of the compulsory acquisition,Solon Holding will pursue a delisting of the Company's shares from Oslo Børs and separate stock exchange announcements will be published regarding the timing for such delisting. For further information, please contact:Ilija Batljan , CEO and Founder of Samhällsbyggnadsbolaget iNorden AB , ilija@sbbnorden.se.
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