Axactor SE

Share Issue/Capital Change • Aug 17, 2017

Axactor AB - Increase in share capital related to Tranche 1 of the Private Placement

Axactor AB - Increase in share capital related to Tranche 1 of the Private Placement

Oslo, 17 August 2017 - Reference is made to the stock exchange

announcement from Axactor AB ("Axactor" or the "Company") published

14 August 2017 regarding the successfully completed private

placement of 240,000,000 new shares (the "Private Placement Shares")

at a price of NOK 2.49 per share (the "Private Placement"). DNB

Markets, a part of DNB Bank ASA, acted as manager for the Private

Placement (the "Manager").

The Private Placement is divided into i) a Tranche 1 consisting of

75.6 million Private Placement Shares, and ii) a Tranche 2

consisting of 164.4 million Private Placement Shares.

The Company has received confirmation that the share capital

increase of EUR 3,957,079.30 divided into 75,600,000 Private

Placement Shares related to Tranche 1 of the Private Placement has

been registered by the Swedish Companies Registry. The 75,600,000

Private Placement Shares are consequently tradeable. The new

registered share capital of Axactor is EUR 70,771,461.35 divided

into 1,352,088,769 shares.

The payment and registration of the Private Placement Shares has

been done based on pre-funding from the Manager. As previously

announced, the Company and the Manager have entered into an

agreement related to pre-funding of the payment for the Private

Placement Shares (the "Pre Funding Agreement"). The Pre Funding

Agreement regulates inter alia certain rights and obligations of the

Company and the Manager related to the pre-funding.

The Private Placement Shares in Tranche 1 will be settled through a

delivery versus payment transaction expected on or about 18 August

The Private Placement Shares in Tranche 2 are tradeable once the

share capital has been registered in the Swedish Companies Registry

and the listing prospectus has been approved by the Swedish

Financial Supervisory Authority and published, expected within

September 2017. The Private Placement Shares in Tranche 2 will be

settled through a delivery versus payment transaction following the

registration of the share capital and approval of the prospectus.

For additional information, please contact:

Endre Rangnes, CEO Axactor

Mobile phone: +47 4822 1111

Email: endre.rangnes@axactor.com

or

Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +47 4771 0451

Email: geir.johansen@axactor.com

www.axactor.com

About Axactor

Axactor Group specializes in both Debt Collection and Debt

Purchasing across several countries, with operations in Italy,

Germany, Norway, Sweden and Spain. The company has a Nordic base and

an ambitious Pan-European growth strategy, which targets the market

for non-performing loans (NPL) in Europe. This market is estimated

to be about 1,500 billion euros across Europe providing significant

opportunities for Axactor's future expansion. Axactor has

approximately 888 employees.