The general meeting of Norwegian Property ASA (NPRO) has resolved to increase the equity in NPRO through a share capital increase with a total contribution of NOK 500 million. All new shares have been subscribed for by Geveran Trading Co. Limited.

As previously communicated, we work continuously to optimize our capital structure, and the issue is a confirmation of this. The issue is related to the takeover of Martin Linges vei 33.

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