BFW 11/24 07:15 *GEVERAN BUYS SHRS IN NORWEGIAN PROPERTY AT NOK10-SHR, PLANS BID
BN 11/24 07:14 *GEVERAN BUYS ~25.6M NORWEGIAN PROPERTY SHRS AT NK10/SHR
BN 11/24 07:13 *GEVERAN TO MAKE NORWEGIAN PROPERTY MANDATORY OFFER WITHIN 4 WKS
BN 11/24 07:13 *GEVERAN INCREASES STAKE IN NORWEGIAN PROPERTY TO ~37.5%
BN 11/24 07:13 *GEVERAN TO MAKE MANDATORY OFFER FOR NORWEGIAN PROPERTY SHARES
BN 11/24 07:11 *NPRO - STAKE DISCLOSURE, NOTIFICATION OF MANDATORY OFFER
BN 11/24 07:14 *GEVERAN BUYS ~25.6M NORWEGIAN PROPERTY SHRS AT NK10/SHR
BN 11/24 07:13 *GEVERAN TO MAKE NORWEGIAN PROPERTY MANDATORY OFFER WITHIN 4 WKS
BN 11/24 07:13 *GEVERAN INCREASES STAKE IN NORWEGIAN PROPERTY TO ~37.5%
BN 11/24 07:13 *GEVERAN TO MAKE MANDATORY OFFER FOR NORWEGIAN PROPERTY SHARES
BN 11/24 07:11 *NPRO - STAKE DISCLOSURE, NOTIFICATION OF MANDATORY OFFER
NPRO - SHAREHOLDING DISCLOSURE AND NOTIFICATION OF MANDATORY OFFER
2014-11-24 07:11:56.965 GMT
Geveran Trading Co Ltd ("Geveran"), which is
indirectly controlled by trusts established by John
Fredriksen for the benefit of his immediate family,
has on 21 November 2014 purchased 25,633,104 shares
in Norwegian Property ASA ("Norwegian Property") at a
price of NOK 10 per share. As a result, Geveran's
ownership in Norwegian Property has increased to
205,910,242 shares, constituting 37.54 per cent of
the shares and votes in the company. Geveran does not
hold other rights to shares in Norwegian Property.
Geveran will make a mandatory offer for the remaining
shares in Norwegian Property within four weeks, in
accordance with Chapter 6 of the Norwegian Securities
Trading Act. Geveran is represented on the board of
directors of Norwegian Property.
This information is subject to the disclosure
requirements set out in sections 4-2, 4-3 and 6-8 of
the Norwegian Securities Trading Act.
http://www.newsweb.no/index.jsp?messageId=365770
-0- Nov/24/2014 07:11 GMT
2014-11-24 07:11:56.965 GMT
Geveran Trading Co Ltd ("Geveran"), which is
indirectly controlled by trusts established by John
Fredriksen for the benefit of his immediate family,
has on 21 November 2014 purchased 25,633,104 shares
in Norwegian Property ASA ("Norwegian Property") at a
price of NOK 10 per share. As a result, Geveran's
ownership in Norwegian Property has increased to
205,910,242 shares, constituting 37.54 per cent of
the shares and votes in the company. Geveran does not
hold other rights to shares in Norwegian Property.
Geveran will make a mandatory offer for the remaining
shares in Norwegian Property within four weeks, in
accordance with Chapter 6 of the Norwegian Securities
Trading Act. Geveran is represented on the board of
directors of Norwegian Property.
This information is subject to the disclosure
requirements set out in sections 4-2, 4-3 and 6-8 of
the Norwegian Securities Trading Act.
http://www.newsweb.no/index.jsp?messageId=365770
-0- Nov/24/2014 07:11 GMT