Reference is made to previous stock exchange notices regarding the Share
Investment Program for employees and certain members of the board of directors.
The share capital increase pertaining to the issuance of shares has today been
registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret). The Company's new share capital is NOK 364,997,195.25,
comprising in total 171,763,386 shares, each with a nominal value of NOK 2,125.
The Offer Shares will be listed on the Oslo Stock Exchange from issuance in the
Central Securities Depository (VPS) and will be tradeable from 10 July 2020.
1,631,759 of the shares will be subject to a lock-up period of 2 or 3 years
Cecilie Elde, Chief Financial Officer, phone: +47 924 14 195
Stine Klund, Finance and Investor Relations Manager, phone: +47 986 99 259