Brief: Bewi Agrees To Divest Real Estate For NOK 348 Million

Bevest ASA

31/03/2023 14:54

March 31 (Reuters) - Bewi ASA  BEWI.OL :
    * BEWI - AGREEMENT TO DIVEST REAL ESTATE FOR NOK 348 MILLION
-
DISCLOSURE OF LARGE SHAREHOLDING IN KMC PROPERTIES
    * PURCHASE PRICE WILL BE SETTLED IN FORM OF AN AMOUNT EQUAL
TO
APPROX. NOK 200.0 MILLION IN CASH AND NOK 148.3 MILLION IN 20
235 931 NEW SHARES
    * SUBSCRIPTION PRICE OF NOK 7.33 PER SHARE
    * FOLLOWING ISSUANCE OF NEW SHARES IN KMC PROPERTIES, CO
WILL
STAKE OF TO 8.4% OF ISSUED SHARE CAPITAL IN KMC PROPERTIES
    * HAS AN EXCLUSIVE RIGHT TO ACQUIRE REMAINING PART OF
PORTFOLIO
UNTIL 30 JUNE 2023

Source text for Eikon:  ID:nWkr7XQXJd 
Further company coverage:  BEWI.OL 

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