News

UAB Baltic Equity (Buyer) - a company controlled by James Andrew Clarke, Chairman and primary insider in Baltic Sea Properties AS (BALT) - has acquired 30,000 shares in Baltic Sea Properties AS (BALT) at a price per share of NOK 50.00 from Carpe Diem Afseth AS, a company controlled by John Afseth, board member and primary insider in Baltic Sea Properties AS

The share capital increase pertaining to the subsequent offering has now been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 869 607,70 divided into 8 696 077 shares, each with a nominal value of NOK 0.10.

By the end of the subscription period, the Company had received valid subscriptions for 226,450 Offer Shares in the Subsequent Offering.

The share capital increase pertaining to the private placement has now been registered with the Norwegian Register of Business Enterprises.

Prospectus and subscription form for the subsequent offering are available for download.

The subscription period in the Subsequent Offering commences today, 14 June 2024 at 09:00 (CEST), and ends on 28 June 2024 at 16:30 hours (CEST).

Following the approval of the Private Placement, primary insiders have subscribed and been allocated offer shares.

The Baltic Sea Properties share (BALT) is trading excluding the dividend from today, Thursday 7 June 2024.

The Annual General Meeting in Baltic Sea Properties AS was held on 6 June 2024 in Oslo.

The shares in Baltic Sea Properties AS will from today, 3 June 2024, be traded exclusive of the right to participate in the Subsequent Offering as announced on 31 May 2024.