NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S
REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY
OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL

Reference is made to the mandatory offer (the "Mandatory Offer") dated 21
December 2020 made by EBE Eiendom AS ("EBE") and Kverva Industrier AS ("Kverva
Industrier") (jointly the "Offerors") to acquire all issued and outstanding
shares in KMC Properties ASA ("KMC" or the "Company") (OSE: KMCP), with
acceptance period from and including 22 December 2020 to and including 16:30
hours (CET) on 19 January 2021. 

On 18 January 2021, the Offerors received acceptance under the Mandatory Offer
for 11,559 shares, corresponding to 0.0048 per cent of the share capital and
voting rights in KMC. The Offerors have also received withdrawals of previous
acceptances for 8,637 shares, corresponding to 0.0036 per cent of the share
capital and voting rights in KMC. Following this, the Offerors have received
acceptances for a total of 65,172 shares and votes in KMC. Together with the
95,544,391 and 81,352,880 shares owned before the Mandatory Offer by EBE and
Kverva Industrier respectively, each of EBE and Kverva Industrier now owns and
holds rights to a total of 95,578,932 and 81,383,511 shares respectively, equal
to approximately 39.70 per cent and 33.80 per cent of the issued shares and
votes in KMC respectively. 

Each of EBE and Kverva Industrier are represented on the Board of Directors of
KMC, thus both companies are primary insiders of the Company. The Offerors do
not hold any rights to acquire shares in KMC. 

For further information, please contact:
Charlotte Knudsen, tel. +47 9756 1959

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

About KMC Properties ASA
KMC Properties is a real estate company focusing on industrial- and logistic
properties. The company has a diversified portfolio consisting of 39 properties
in the Nordics and in the Netherlands, as well as an office building in Moscow,
Russia. The properties have long lease agreements with solid tenants. 
The company has an ambitious strategy to grow the portfolio through further
development of existing properties, as well as M&A initiatives.

Click here for more information

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