Axactor SE

AXA - Increase in share capital related to the subsequent offering

Oslo, 23 December 2016 - Reference is made to the stock

exchange release from Axactor AB (publ) (the "Company")

published 13 December 2016 regarding allocation and issuance

of 50,000,000 new shares (the "Offer Shares") in the

subsequent offering at NOK 2.60 per Offer Share raising gross

proceeds of NOK 130,000,000 (the "Subsequent Offering").

The Company has received confirmation that the share capital

increase of SEK 25,000,000 divided into 50,000,000 new shares

has been registered by the Swedish Companies Registry. The new

registered share capital of the Company is consequently SEK

613,244,384.50 divided into 1,226,488,769 shares, each with a

par value of SEK 0.50.

Delivery of the Offer Shares to investors' accounts in the

Norwegian Central Securities Depository (VPS) is expected to

take place on or about 28 December 2016. Trading in the Offer

Shares on the Oslo Stock Exchange is expected to commence on

or about 28 December 2016 under the trading symbol "AXA".

For further information, please contact:

Endre Rangnes

Chief Executive Officer

Cell Phone: +47 48 22 11 11

Geir Johansen

Chief Financial Officer

Cell Phone: +47 477 10 451

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