Thon Gruppen secures control of Olav Thon Eiendomsselskap

Thon Gruppen AS announced on December 18, 2025, that it has satisfied the minimum acceptance condition for its voluntary cash offer to acquire all issued and outstanding shares of Olav Thon Eiendomsselskap ASA. The offeror had secured acceptances and pre-acceptances, which, combined with its existing holdings, total 91,590,972 shares, representing approximately 90.3% of Olav Thon Eiendomsselskap ASA's issued and outstanding share capital.

The offeror is paying a cash consideration of NOK 335 per share. The comprehensive terms and conditions of the offer are detailed in the offer document, dated December 3, 2025, which is accessible via the receiving agent's webpage and offices.

ABG Sundal Collier ASA is serving as the financial advisor to the offeror, with Advokatfirmaet CLP DA providing legal counsel.