Hunter Group ASA

Prospectus • Jun 13, 2018

Hunter Group ASA - Prospectus approved

Hunter Group ASA - Prospectus approved

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR

INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY

OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE

UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE

SECURITIES DESCRIBED HEREIN.

Oslo, 13 June 2018:

Reference is made to the Hunter Group ASA's (the "Company") private placement

with gross proceeds of NOK 172,500,000 (resolved on the annual general meeting

on 9 May 2018), hereinafter the "Primary Private Placement", and the private

placement with gross proceeds of NOK 520,000,000 (the "Secondary Private

Placement"), and subsequent offering with aggregate gross proceeds of up to NOK

52,000,000 (the "Subsequent Offering"), (resolved at the extraordinary general

meeting on 13 June 2018).

The Financial Supervisory Authority of Norway has approved a prospectus dated 11

June 2018 (the "Prospectus") which has been prepared in connection with the: (i)

listing of the shares in the Primary Private Placement; (ii) listing of shares

in the Secondary Private Placement; and (iii) subsequent offering and listing of

shares in the Subsequent Offering.

The subscription period for the Subsequent Offering will commence on 15 June

2018 and expire at 16:30 CET on 6 July 2018.

The shares issued in the Primary Private Placement, currently registered on a

separate ISIN, will as a consequence be transfered to the ordinary ISIN of the

Company.

The Prospectus is, subject to regulatory restrictions in certain jurisdictions,

available through one of the managers. Clarksons Platou Securities AS, tel: +47

22 01 63 00 http://securities.clarksons.com/Investment-Banking/About DNB

Markets, tel: +47 23 26 81 01 https://www.dnb.no/markets  Fearnley Securities

AS, tel: +47 22 93 60 00, http://www.fearnleysecurities.no/  and Pareto

Securities AS, tel: +47 22 87 87 00. http://www.paretosec.com/ Printed copies of

the prospectus may also be obtained by contacting the Company by email to

ef@huntergroup.no or by phone: +47 957 72 947.

For further information, please contact:

Erik A.S. Frydendal, CEO

Phone: +47 957 72 947

Email: ef@huntergroup.no

www.huntergroup.no

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

Important information:

The release is not for publication or distribution, in whole or in part directly

or indirectly, in or into Australia, Canada, Japan or the United States

(including its territories and possessions, any state of the United States and

the District of Columbia). This release is issued for information purposes only,

and does not constitute or form part of any offer or solicitation to purchase or

subscribe for securities, in the United States or in any other jurisdiction. The

securities mentioned herein have not been, and will not be, registered under the

United States Securities Act of 1933, as amended (the "US Securities Act"). The

securities may not be offered or sold in the United States except pursuant to an

exemption from the registration requirements of the US Securities Act. The

Company does not intend to register any portion of the offering of the

securities in the United States or to conduct a public offering of the

securities in the United States. Copies of this announcement are not being made

and may not be distributed or sent into Australia, Canada, Japan or the United

States. The issue or exercise of subscription rights, and the subscription,

purchase or sale of shares in the Company are subject to specific legal or

regulatory restrictions in certain jurisdictions. Neither the Company nor the

Managers assume any responsibility in the event there is a violation by any

person of such restrictions. The distribution of this release may, in certain

jurisdictions, be restricted by law. Persons into whose possession this release

comes should inform themselves about and observe any such restrictions. Any

failure to comply with these restrictions may constitute a violation of the

securities laws of any such jurisdiction. The Managers are acting for the

Company and no one else in connection with the Subsequent Offering and will not

be responsible to anyone other than the Company providing the protections

afforded to their respective clients or for providing advice in relation to the

Subsequent Offering and/or any other matter referred to in this release. Forward

-looking statements: This release and any materials distributed in connection

with this release may contain certain forward-looking statements. By their

nature, forward-looking statements involve risk and uncertainty because they

reflect the Company's current expectations and assumptions as to future events

and circumstances that may not prove accurate. A number of material factors

could cause actual results and developments to differ materially from those

expressed or implied by these forward-looking statements.