Balder acquires additional shares in Entra ASA and intends to make a mandatory offer
On October 12, Fastighets AB Balder (“Balder”) acquired 610 059 shares in Entra ASA (“Entra”). Following the acquisition, Balder owns a total of 61 320 119 shares in Entra, corresponding to 33,67% of the number of shares and votes. In light of the above, Balder intends to submit a mandatory offer to the remaining shareholders in Entra within four weeks. The mandatory offer must at least correspond to the maximum that Balder has paid for shares in Entra during the past six months. Balder has paid a maximum of NOK 202.5 per share following adjustment for dividend which were paid in October
