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NPRO: Equity issue NOK 500 million as part of the financing of the Telegrafen acquisition

12/13/2023

The general meeting of Norwegian Property ASA has today resolved to increase the company's equity with NOK 500 million. The new share capital is subscribed by the company's sole shareholder, Geveran Trading Co. Limited.

The issue is part of the refinancing of the existing bonds to Telegrafen Holding AS which was acquired in November.  

Minutes of the extraordinary general meeting and updated articles of association are attached.

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