NPRO: Reduction of share capital executed, own shares cancelled
Norwegian Property ASA’s General Meeting on 28th June 2019 adopted a reduction of the share capital with NOK 24,285,618 from NOK 274,223,416 to NOK 249,937,798. The deadline for creditors to make a claim towards the company has expired, and the capital reduction has been executed. The company will cancel 48,571,236 of its own shares with effect from 15th October 2019. After the reduction the company will own 6,250,000 shares. The total number of shares will be 499,875,596.
For further information, please contact:
Bent Oustad (CEO)
Phone: +47 480 16 082
E-mail: bo@npro.no
Norwegian Property is a focused and fully integrated office property company with properties located in the Oslo area and Stavanger in Norway. The portfolio is characterized by central location and attractive premises high quality tenants. The group’s properties consist largely of office premises, associated warehousing and car parking, as well as retail and catering space. The company has identified four value drivers for long-term value creation; Marketing & letting, Property management, Property development and Transactions & finance.
Norwegian Property is listed on Oslo Stock Exchange with the ticker NPRO.
www.npro.no