Solon Eiendom ASA : Share Capital reduction registered

Oslo, May 11, 2017: Solon Eiendom ASA (OSE: SOLON). Reference is made to the resolution by the extraordinary general meeting of Solon Eiendom ASA to reduce the share capital with NOK 923,306,064 from NOK 971,901,120 to NOK 48,595,056, as announced on 21 March 2017.

The share capital reduction has been registered completed with the Norwegian Register of Business Enterprises. Following the registration, the share capital of Solon Eiendom ASA is NOK 48,595,056 divided among 48,595,056 shares each with a par value of NOK 1. Each share represents one vote in the company's general meeting.

For further information, please contact:

Andreas Martinussen
Chief Executive Officer, Solon Eiendom ASA
E-mail: Cell Phone: +47 400 00 405

Scott Danielsen
Chief Financial Officer, Solon Eiendom ASA
E-mail: 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.

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

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