THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH
SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

Oslo, 3 February 2022 - Reference is made to the stock exchange announcement on
13 January 2022 where Oslo Børs in its capacity as takeover-authority granted
Solon Eiendom Holding AS ("Solon Holding") an exemption from the mandatory bid
obligation in Solon Eiendom ASA (the "Company" or "Solon Eiendom") pursuant to
section 6-2 (3) of the Norwegian Securities Trading Act. The exemption was
conditional on Solon Holding resolving a compulsory acquisition of the shares in
the Company within four weeks after the expiry of the offer period for the
mandatory offer put forward by Samhällsbyggnadsbolaget i Norden AB (publ)
("SBB") (i.e. within 18 February 2022).

Solon Holding owns a total of 78,816,336 shares in Solon Eiendom, representing
96.6% of the total registered share capital and voting rights in the Company.

The board of directors of Solon Holding has, effective from after close of
trading on Oslo Børs today, 3 February 2022, resolved to carry out the
compulsory acquisition of all remaining shares in the Company not owned by Solon
Holding, pursuant to Section 4-25 of the Norwegian Public Limited Liability
Companies Act cf. Section 6-22 (3) the Norwegian Securities Trading Act. As a
consequence, Solon Holding has assumed ownership of all shares in the Company.
The offered redemption price under the compulsory acquisition is NOK 44 per
share, which is equivalent to the offer price that would have been payable by
Solon Holding in a mandatory offer and is the applicable offer price for the
compulsory acquisition according to section 6-22 of the Norwegian Securities
Trading Act.

Solon Holding has obtained a guarantee for the settlement under the compulsory
acquisition in accordance with section 6-22 (3) no. 3 of the Norwegian
Securities Trading Act. Any objections to, or rejection of, the offered
redemption price must be made at the latest on 3 April 2022. Former shareholders
of the Company who do not object to, or reject, the offered redemption price
within this deadline will be deemed to have accepted the offered price. 

Settlement of the redemption price to the minority shareholders will take place
as soon as possible and no later than 10 February 2022. A notice regarding the
compulsory acquisition will be sent to all former shareholders subject to the
compulsory transfer, whose addresses are known. In addition, the compulsory
acquisition will be announced through the electronic notice service of the
Norwegian Register of Business Enterprises (Nw. Brønnøysundregistrene). 

As a consequence of the compulsory acquisition, Solon Holding will pursue a
delisting of the Company's shares from Oslo Børs and separate stock exchange
announcements will be published regarding the timing for such delisting. 

For further information, please contact: Ilija Batljan, CEO and Founder of
Samhällsbyggnadsbolaget i Norden AB, ilija@sbbnorden.se.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange