Technopolis - Company Announcement

Technopolis Buys 30% Stake in its Oslo Campus

TECHNOPOLIS PLC          STOCK EXCHANGE RELEASE       June 16, 2016 at 5:30 p.m.

Technopolis Buys 30% Stake in its Oslo Campus

Technopolis has acquired the 30% stake in its Fornebu campus in Oslo from one
of its minority shareholders, Koksa Eiendom AS (former IT Fornebu Properties
AS), for approximately NOK 238 million (approximately EUR 25.5 million. In the
aftermath of the deal Technopolis will hold an 81% interest in the campus,
while Ilmarinen will still have its 19% stake. 

The company’ s future outlook remains unchanged. The deal only affects the
distribution of earnings to non-controlling interests. The holding will
increase Technopolis’ dividends from the campus’ operational company by
approximately EUR 0.8 million in 2016. 

Technopolis bought the campus jointly with IT Fornebu Properties AS in 2013.
The related stock exchange releases have been published on October 11, 2013 and
December 11, 2013. 


Technopolis Plc

Keith Silverang
CEO
Tel. +358 40 566 7785

Technopolis provides the best addresses for success in five countries in the
Nordic-Baltic region. The company develops, owns and operates a chain of 20
smart business parks that combine services with flexible and modern office
space. The company’s core value is to continuously exceed customer expectations
by providing outstanding solutions to 1,700 companies and their 47,000
employees in Finland, Norway, Estonia, Russia and Lithuania. The Technopolis
Plc share (TPS1V) is listed on Nasdaq Helsinki.