Norwegian Property ASA has today held its extraordinary general meeting. All matters were resolved as proposed in the notice.

The General Meeting resolved to grant the board of directors a power of attorney to increase the share capital by up to NOK 49,985,000 by subscription of new shares, equivalent to just below 20 per cent of the current share capital. The reason for the proposal is that the Board of Directors wishes to be able to raise capital by issuing new shares in connection with the acquisition of Veidekke Eiendom. The power of attorney will apply in addition to the powers of attorney granted to the Board of Directors at the Annual General Meeting on 16 April 2020.  

Attached is an unofficial office translation of the minutes of the extraordinary general meeting. 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For additional information, please contact:

Bent Oustad, CEO,
tel. +47 480 16 082 
Email: bo@npro.no