SBB's offer to the shareholders of Entra – Expiry of acceptance period and non-fulfilment of the minimum acceptance condition
Reference is made to the combined offer document and exempted document dated 20 January 2021 (the "Offer Document") for the voluntary offer by Samhällsbyggnadsbolaget i Norden AB ("SBB") to acquire all outstanding shares in Entra ASA ("Entra") (the "Offer"). Under the terms of the Offer, Entra shareholders are offered a fixed price of NOK 190.00 per Entra share, delivered as NOK 123.50 in cash (65% of the total consideration) and NOK 66.50 in new SBB Class B Shares (35% of the total consideration). The acceptance period for the Offer expired on 26 February 2021 at 16:30 hours (CET).