Oslo, 27 February 2026
Reference is made to the Annual General Meeting of Baltic Sea Properties AS (the “Company”) held on 15 May 2025, where the Board of Directors was authorised to acquire the Company’s own shares pursuant to item 12 of the resolutions adopted by the General Meeting.
On this basis, the Board of Directors has resolved to initiate a share buyback programme for the repurchase of the Company’s own shares (the “Programme”).
Key terms of the Programme:
– Maximum aggregate consideration: Up to NOK 5,000,000
– Maximum number of shares: Up to the number of shares that may be acquired within the authorised limit granted by the AGM (869,608 shares) and within the maximum aggregate consideration, depending on the purchase price
– Price range: Between NOK 45 and NOK 75 per share
– Programme period: From 27 February 2026 until 30 May 2026, and in any event no later than 30 June 2026
– Trading venue: Euronext Growth Oslo
– Execution: The Programme will be executed by Norne Securities AS, acting as an independent manager. Norne Securities AS will make its trading decisions independently of, and without influence from, the Company.
The purpose of the Programme is to optimise the Company’s capital structure by reducing the number of outstanding shares and increasing net asset value per share.
The Programme will be carried out in accordance with Article 5 of Regulation (EU) No 596/2014 on market abuse (“MAR”) and Commission Delegated Regulation (EU) 2016/1052 (the “Safe Harbour Regulation”).
Shares acquired under the Programme may be cancelled through a reduction of the Company’s share capital or used in connection with employee incentive programmes, in each case in accordance with the authorisation granted by the Annual General Meeting.
The Company will publish information regarding transactions carried out under the Programme in accordance with applicable regulatory requirements.
For further information, please contact:
Lars Christian Berger
CEO
Phone: +47 930 94 319
Email: Lcb@balticsea.no
This information is subject to the disclosure requirements pursuant to the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act and the continuing obligations of companies admitted to trading on Euronext Growth Oslo.
Baltic Sea Properties is an open-ended and fully integrated real estate investment company. The company is among the Baltics’ leading real estate investors and developers – owning a diversified cash flow generating portfolio of modern real estate in the logistics, industrial and commercial segments.