Brief: Kmc Properties Says Bewi Invest As On 1 April 2022 Entered Into An Agreement For Purchase Of 82.7 Million Shares In Kmc Properties ASA From Kverva Industrier

Bevest ASA

01/04/2022 18:13

April 1 (Reuters) - Kmc Properties ASA  KMCP.OL :
    * KMC PROPERTIES - BEWI INVEST AS ON 1 APRIL 2022 ENTERED
INTO AN
AGREEMENT FOR PURCHASE OF 82.7 MILLION SHARES IN KMC PROPERTIES
ASA FROM KVERVA INDUSTRIER
    * KMC PROPERTIES ASA- PURCHASE WILL TAKE PLACE IN TWO
TRANCHES
WHERE DELIVERY OF FIRST 14.1 MILLION SHARES WILL TAKE PLACE ON 1
APRIL AT PRICE NOK 9.38PER SHARE
    * KMC PROPERTIES ASA- REMAINING 68.6 MILLION SHARES WILL BE
DELIVERED ON 1 OCTOBER PURSUANT TO A FORWARD CONTRACT AT A PRICE
OF NOK 9.38 PER SHARE
    * KMC PROPERTIES - HAAS WILL PURCHASE 67.3 MILLION SHARES IN
CO
FROM BEWI INVEST FOR NOK 9.25 PER SHARE

Source text for Eikon:  ID:nObiNxC09a 
Further company coverage:  KMCP.OL 

 ((Reuters.Briefs@thomsonreuters.com;))