As previously communicated, and in accordance with the share purchase agreement entered into, Storebrand will acquire all of the A-shares and 10,000 of the B-shares in SKAGEN AS (the "Company" or "SKAGEN"), equivalent to 90.95% of the share capital in the Company and 99.9% of the voting rights in the Company. For more detailed information about the transaction, reference is made to the stock exchange announcement published on 25 October 2017.