SBB's offer to the shareholders of Entra – Expiry of acceptance period and non-fulfilment of the minimum acceptance condition

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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). Pursuant to section 3.3.3 (Conditions for completion of the Offer) of the Offer Document, the Offer is subject to a 90% minimum acceptance condition. SBB hereby announces that it has not received sufficient acceptances of the Offer in order to meet the minimum threshold for completion. SBB has resolved that it will not waive the minimum acceptance condition. The Offer will accordingly not be completed, and Entra shareholders who have accepted the Offer are hereby released from their obligations under the Offer. All blocking of Entra shares tendered in the Offer will be released.

For further information, please contact:

Marika Dimming, Investor Relations at SBB

Phone: +46 702 51 66 89


This is information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact person set out above, on 1 March 2020, at 08:00 a.m. (CET).

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. The Company’s preference shares (ticker SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: / +46 84638300). Further information about SBB is available at


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