Notification regarding TRS-agreement
Carucel Holding AS, a company controlled by Carl Erik Krefting, a board member in Norwegian Property ASA (NPRO) has had rights related to 4,262,801 shares in NPRO through a TRS agreement. Pursuant to the TRS agreement the exercise price is NOK 11.30 per share and the termination date is 22.01.2021. In an internal restructuring of the Carucel-group, the TRS agreement with all rights and obligations related thereto have today been transferred to Carucel Invest AS, also a company controlled by Krefting, at cost/book values. Following the transaction Carucel Invest AS will have rights related