Reference is made to the stock exchange announcement sent28 May 2021 regarding the establishment of a Real Estate division inByggma . In this division there are five properties.Byggma has received and accepted an offer to sell two of these properties ("the Properties") from a well-known Real Estate agent. The properties received an offer for areBirkeland Eiendom AS and Masonite Fastighet AB . Birkeland Eiendom AS has a long-term lease agreement withUldal AS and Masonite Fastighet AB has a long-term lease agreement withMasonite Beams AB . The amount offered for the abovementioned Properties are aboutNOK 250 million in gross property value. Book value of the Properties are aboutNOK 40 million . A potential sale of the Properties will entail a financial lease for the Group and the accounting of the transaction would follow the rules for sale leaseback. The offer for the properties is subject to financial, technical, and legal due diligence. Vennesla,20 June 2022 For more information, please contact CEOGeir Drangsland on phone +47 928 85 862 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This message is published on behalf ofByggma ASA by Deputy CFOConrad Lehne Drangsland ,20 June 2022 .
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