PPG: Pioneer Property Group ASA has entered into an agreement regarding the sale of its shares in Odin Bidco AS
Pioneer Property Group ASA ("PPG") has today entered into an agreement with the
other existing shareholders in Odin Bidco AS (the "Buyers")regarding the sale of
all of the shares owned by PPG in Odin Bidco AS (the "Shares") to the Buyers.
Closing of the transaction is expected to take place ultimo May 2022, and in no
event later than 30 June 2022. The agreed purchase price for the Shares is NOK
372,069,070.
For further information, please contact:
Øystein Grini, CFO
+47 46296719
IR@pioneerproperty.no