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Solon Eiendom ASA : Extraordinary general meeting held 21 March 2017

Oslo, 21 March 2017: Solon Eiendom ASA (SOLON.OL), held an extraordinary general meeting at the company`s offices in Olav Vs gate 5, 0161, Oslo, Norway on 21 March 2017 at 10:00 (CET).

All proposals were resolved as presented in the notice convening the general meeting distributed on 28 February 2017, as further set out in the minutes from the general meeting attached hereto.

In accordance with the resolution by the general meeting, Scott Danielsen, CFO, subscribed 147 new shares to be issued by the company at par value. The subscription of shares is made as a technical matter to facilitate a reverse share split resolved by the general meeting, and other shareholders pre-emptive rights are set aside to attend to this. After the subscription and subject to issuance by the company of the subscribed shares, Scott Danielsen owns 147 shares in Solon Eiendom ASA.

Relevant documents referred to in the notice are made available on www.soloneiendom.no.

For further information, please contact:

Andreas Martinussen
Chief Executive Officer, Solon Eiendom ASA
E-mail: am@soloneiendom.no Cell Phone: +47 400 00 405

Scott Danielsen
Chief Financial Officer, Solon Eiendom ASA
E-mail: sd@soloneiendom.no Cell Phone: +47 952 55 620

About Solon Eiendom ASA
Solon Eiendom is a Norwegian residential real estate development company focusing on the Oslo and Akershus region. Solon Eiendom was established in 2006 by founder Simen Thorsen and investor Tore Aksel Voldberg. The company has since its incorporation delivered 570 units with a corresponding sales value of close to NOK ~3 billion and sold more than 800 units with a total sales price of more than NOK ~4 billion.

This information is subject to disclosure pursuant to the Norwegian Securities Trading Act section 4-2 and the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Solon Eiendom ASA via GlobeNewswire

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