The board of directors (the "Board") of Entra ASA (the "Company") notes that Samhällsbyggnadsbolaget i Norden AB ("SBB") today has launched its voluntary offer, as announced by the stock exchange notice dated 24 November from SBB, for the Company's shares (the "SBB Offer").
Reference is made to the Company’s announcement 24 November. As stated, the Board has concluded that the SBB Offer will not be recommended. However, the Board will review the offer document to fully understand the terms and conditions of the SBB Offer before providing the recommendation to the Company's shareholders as required by the Norwegian Securities Trading Act chapter 6.
Reference is also made to the Company’s announcement 26 November regarding the announcement made by Castellum AB ("Castellum") on its acquisition of 8.24% of the shares in the Company from the Norwegian state and Castellum's intention to put forward a voluntary share exchange and cash offer for the Company's shares (the “Castellum Offer”).
Shareholders are advised to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the Company. There can be no certainty that any offer will be made or completed.
For further information, please contact
Siri Hatlen, Chair of the Board of Directors, + 47 91744863, firstname.lastname@example.org
Sonja Horn, CEO, +47 90568456, email@example.com
Anders Olstad, CFO, +47 90022559, firstname.lastname@example.org
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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