Reference is made to the stock exchange notice published on 11 January 2024
regarding BEWI Invest AS' sale of 18 000 000 shares in KMC Properties ASA to
Corvus Estate AS at a price of NOK 6.35 per share, which was notified to be
completed within 7 business days (the "Corvus Transaction").

BEWI Invest AS is a close associate of chair and primary insider of KMC
Properties ASA Bjørnar André Ulstein.

The Corvus Transaction has today been completed. Following completion of the
Corvus Transaction, BEWI Invest AS will directly and indirectly control 151 020
955 shares in KMC Properties ASA, representing 38,32 %.

About KMC Properties ASA

KMC Properties is an Oslo Børs-listed real estate company focusing on industrial
and logistic properties. The company has a diversified portfolio of properties
in the Nordics, Belgium, Germany and the Netherlands. The properties are
strategically located and have long lease agreements with solid tenants.  KMC
Properties has an ambitious strategy to grow the portfolio through further
development of existing properties, as well as M&A initiatives. 

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange