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Niam V Prosjekt sells Norwegian Property stake

Niam V Prosjekt AS exited its entire shareholding in Norwegian Property ASA by selling 67,437,425 Norwegian Property shares, or a 12.30% stake, at 13 Norwegian kroner apiece.

Niam said it is represented on the Norwegian Property board by Kjell Sagstad.

As of Aug. 27, US$1 was equivalent to 9.03 Norwegian kroner.