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KMC Properties ASA ( (DE:5FM0) ) just unveiled an update.
KMC Properties ASA has received approval from the Norwegian Financial Supervisory Authority for a prospectus tied to its merger with BEWI Invest AS and related share listings. The prospectus covers new shares from a prior private placement, more than 101 million merger consideration shares, and a new public offering in Norway at a fixed price of NOK 25 per share.
The offering will comprise between 120,000 and 400,000 shares, raising gross proceeds of NOK 3 million to NOK 10 million for the combined company. Trading in the merger and offer shares is expected to start around 24 April 2026 following completion of the all-share merger, a step that consolidates ownership and broadens the shareholder base with support from Danske Bank, DNB and SB1 Markets as managers.
More about KMC Properties ASA
KMC Properties ASA is a Norway-based listed company active in the real estate and investment sector. The company focuses on property-related investments and operates as a public limited liability company with its shares traded on the Oslo Stock Exchange or Euronext Expand.
YTD Price Performance: -16.43%
Average Trading Volume: 2,599
Current Market Cap: NOK23.96M
Find detailed analytics on 5FM0 stock on TipRanks’ Stock Analysis page.