Oslo, 8 October 2014. Reference is made to the initial public offering (the "Offering") of shares of Entra ASA ("Entra", the "Company", OSE ticker code: "ENTRA") and the announcement regarding the status of the bookbuilding made on 7 October 2014.
The Joint Bookrunners in the Offering have received orders such that the Offering is oversubscribed within the indicative price range on the full deal size of up to 44,262,296 new shares and up to 80,000,000 sale shares and additional shares.
ABG Sundal Collier Norge ASA, Goldman Sachs International and Swedbank are acting as Joint Global Coordinators and Joint Bookrunners for the Offering. Danske Bank, Handelsbanken Capital Markets and Kempen & Co are acting as Co-Lead Managers for the Offering. DNB Markets is acting as financial advisor to the selling shareholder.
For further queries, please contact:
Arve Regland, CFO
Entra ASA
Tel: +47 479 07 700
Email: arve.regland@entra.no
About Entra
Entra is a leading owner, manager and developer of office properties in Norway. Entra owns and manages approximately 1.3 million square meters, divided among 107 buildings, primarily located in Oslo and the surrounding region, Bergen, Stavanger and Trondheim. As of 30 June 2014, the market value of the property portfolio was approximately NOK 27 billion.
IMPORTANT INFORMATION
United States
These materials may not be published, distributed or transmitted in the United States, Canada, Australia, the Hong Kong Special Administrative Region of the People's Republic of China, South Africa or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Shares") of Entra ASA (the "Company") in the United States, Norway or any other jurisdiction. The Shares of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Shares of the Company have not been, and will not be, registered under the Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.
European Economic Area
Any offering of securities will be made by means of a prospectus to be published that may be obtained from the issuer or selling security holder, once published, and that will contain detailed information about the Company and its management, as well as financial statements.
These materials are an advertisement and not a prospectus for the purposes of Directive 2003/71/EC, as amended (together with any applicable implementing measures in any Member State, the "Prospectus Directive"). Investors should not subscribe for any securities referred to in these materials except on the basis of information contained in the prospectus.
In any EEA Member State other than Norway (from the time the prospectus has been approved by the Financial Supervisory Authority of Norway, in its capacity as the competent authority in Norway, and published in accordance with the Prospectus Directive as implemented in Norway) that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at "qualified investors" in that Member State within the meaning of Article 2(1)(e) of the Prospectus Directive ("Qualified Investors"), i.e., only to investors to whom an offer of securities may be made without the requirement for the Company to publish a prospectus pursuant to Article 3 of the Prospectus Directive in such EEA Member State.
United Kingdom
In the United Kingdom, these materials are only being distributed to and are only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). These materials are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.