Samhällsbyggnadsbolaget i Norden AB (publ) (OM:SBB B) made an offer to acquire remaining 11.89% stake in Solon Eiendom ASA (OB:SOLON) for approximately NOK 430 million on December 22, 2021. Samhällsbyggnadsbolaget shall pay an offer price of NOK 44 per share during the tender offer period from December 23, 2021 to and including January 20, 2022. Pursuant to the offer, parties has on December 29, 2021 entered into a share sale agreement with Solon Eiendom Holding AS. Pursuant to the share sale agreement, SBB will sell and Solon Eiendom Holding AS will acquire 2,503,635 shares in Solon Eiendom ASA. As a result, Solon Eiendom Holding AS will own 73,539,469 shares in Solon Eiendom ASA, representing 90.146% of the shares. Solon Eiendom Holding AS is owned 49.5% by each of OBOS and SBB respectively, while and representatives from Solon management own 1%. The offer has been approved by the Oslo Stock Exchange in its capacity as take-over supervisory authority. As of January 10, 2022, Samhällsbyggnadsbolaget intends to carry out the compulsory acquisition as soon as possible after the offer period for the mandatory offer made by SBB has expired. Arctic Securities AS is acting as financial advisor and receiving agent to SBB in connection with the settlement of the Offer. Advokatfirmaet Thommessen AS is acting as legal advisor to SBB in connection with the Offer.

Samhällsbyggnadsbolaget i Norden AB (publ) (OM:SBB B) completed the acquisition of remaining 11.89% stake in Solon Eiendom ASA (OB:SOLON) on January 20, 2022. Samhällsbyggnadsbolaget i Norden acquired total 4,278,217 shares from tender offer and 1 million shares from outside making it total 6.47% stake in Solon Eiendom. Post Offer and outside acquisition, Offeror holds 78,817,686 shares in Solon Eiendom representing 96.6% of the total registered share capital and voting rights in Solon Eiendom ASA. Offeror will carry out a compulsory acquisition of the remaining shares in Solon Eiendom ASA. Offeror on February 3, 2022, resolved to carry out the compulsory acquisition of all remaining shares in Solon Eiendom ASA and completed the compulsory acquisition process. The offered redemption price under the compulsory acquisition is NOK 44 per share, which is equivalent to the offer price in a mandatory offer. As a consequence of the compulsory acquisition, Offeror will pursue a delisting of Solon Eiendom ASA's shares from Oslo Børs.