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Baltic Sea Properties AS: New share capital registered

Jun 18 2024

Reference is made to the stock exchange announcement from Baltic Sea Properties AS (the “Company) published on 31 May 2024, regarding the final result of the private placement in the Company, where a total of 1,781,395 new shares were subscribed and allocated at a subscription price of NOK 49 per share.

The share capital increase pertaining to the private placement has now been registered with the Norwegian Register of Business Enterprises. The Company’s new share capital is NOK 846 972,70, divided into 8 469 627 shares, each with a nominal value of NOK 0.10.

The new shares are expected to be delivered to the respective subscribers’ VPS accounts during the day today, on 18 June 2024.

For additional information, please contact:
Lars Christian Berger
Phone: +47 930 94 319

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Lars Christian Berger, CEO on the time and date provided.

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.