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Nel ASA

Share Issue/Capital Change Dec 10, 2015

3670_rns_2015-12-10_cfd4a10b-c461-44b1-9a30-aa13e8574f31.html

Share Issue/Capital Change

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Ex subsequent offering today

Ex subsequent offering today

Reference is made to announcement from the Company

today 10.12.2015.

The shares in NEL ASA will be traded ex right to

participate in the subsequent offering as from today,

10.12.2015.

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