Tribona ASA's extraordinary general meeting resolved 26 February to transfer the listing of the company's shares from Oslo Børs to NASDAQ OMX Stockholm. The transfer is executed through a merger with the Swedish subsidiary Tribona AB.
You are not required to take any actions in relation to the transfer. We do however recommend that you contact your bank to establish a nominee account for the shares after the listing in Stockholm. Please see below for further information concerning this.
When the merger is complete, your shares in Tribona ASA will be exchanged with an equal number of shares in Tribona AB that will be listed in Stockholm. The last day of trading on Oslo Børs will be on or about 13 May 2013, and the first day of trading in Stockholm will be on or about 21 May 2013. Please note that these dates may be changed, and that this in such event will be announced by the company through a stock exchange announcement on Oslo Børs' website.
The company's assets and business will not change in connection with the transfer. The merger is not regarded as a realisation for tax purposes. For further information on the transfer to Sweden, please see the company's stock exchange notices dated 23 January and 26 February 2013.
Those shares that are registered in your name in VPS will automatically be exchanged into share certificates (depository receipts) registered in your name in VPS. The share certificates will be issued by DNB, who will be registered in Tribona AB's shareholder register in Sweden. This method of registration is today used by several other Swedish companies with shares registered in VPS. You will not be charged with any costs upon this transfer, and neither will it incur any extra fixed costs as a result of being registered as a shareholder this way.
If you are planning to sell your shares after the listing in Stockholm, execution may take longer time than today, and a converting fee of NOK 650 will incur. If you after the listing in Stockholm want to establish a Swedish nominee account in a bank to make it easier and cheaper for you to trade shares, then an equal fee of NOK 650 will incur to convert the shares out of VPS. The converting fee will have to be paid by you, however if you convert the shares to a Swedish nominee account within 1 September 2013, the converting fee of NOK 650 will automatically be paid by Tribona.
We therefore recommend that you contact your bank or e.g. Avanza Bank AB at +46 8 562 250 00 (www.avanza.se/mini/hem/bli_kund/) to establish a nominee account, so that the shares can be converted from VPS. We emphasize however that the shares can only be converted from VPS to the nominee account after completion of the merger.
Should you have any queries regarding the conversion from VPS to a Swedish nominee, you may contact DNB Bank ASA, Verdipapirservice, Kontofører Utsteder Utland att: Stig Tore Strøm, e-mail: stig.tore.strom.@dnb.no, tel: + 47 232 68 028.
Should you have any other queries regard the letter, you may contact Pangea Property Partners AS v/Even Bratsberg, e-mail: eb@pangeapartners.no, tel: +47 48 40 80 82.
Kind regards,
TRIBONA ASA
Peter Strand
About Tribona
Tribona, formerly Northern Logistic Property ASA (NLP), is Sweden's largest pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 19 in Sweden and one in Denmark, with a total lettable area of about 734 000 square meters. For more information, please visit www.tribona.se