Cibus Nordic Real Estate AB (publ) (OM:CIBUS) intents to acquire Forum Estates Holding BV on December 18, 2024. The consideration consists of common equity of Cibus Nordic Real Estate AB (publ) to be issued for common equity of Forum Estates Holding BV. As part of consideration, with an agreed share price of ?15.609 per share, a maximum of 14,196,765 new Cibus shares will be issued to the shareholders and lenders of subordinated loan receivables in Forum Estates. The transaction is subject to customary closing conditions, including approval by Cibus' board and an extraordinary general meeting. The transaction is expected to close in the first quarter of 2025. At the extraordinary general meeting held on 14 January 2025 in Cibus Nordic Real Estate AB, the shareholders of Cibus approved the acquisition. As of January 17, 2025, Cibus following approval by the board of directors, entered into a binding agreement to acquire Forum Estates with shareholders holding in total more than 65% of the shares in Forum Estates. Upon Cibus and the shareholders of Forum Estates entering into the binding agreement, Forum Estates' shareholders exercised the drag-along provision in Forum Estates' articles of association, which entails that Cibus will acquire 100% of the shares in Forum Estates.

Van Lanschot Kempen NV acted as financial advisor, Roschier Advokatbyrå Ab and Matthias Maselis and Jan Peeters of Stibbe B.V. Cvba acted as legal advisor for Cibus Nordic Real Estate AB. Tax, financial and operational due diligence by EY, technical due diligence by SWECO, insurance due diligence by Lockton and Vanbreda and commercial due diligence by CBRE. Pareto Securities will act as issuing agent for the new Cibus shares.