Axactor SE

Director's Dealing • Dec 2, 2014

Nickel Mountain Group AB (NMG) - mandatory notification of trade

Nickel Mountain Group AB (NMG) - mandatory notification of trade

Reference is made to the announcement of 1 December

2014, when Strata Marine & Offshore AS ("Strata")

notified its intention to divest a number of shares

as exceeds the mandatory offer threshold in NMG. On 2

December 2014, Strata entered into an agreement with

Solan Capital AS for the sale of 9,427,581 shares in

NMG. After the transaction, Strata will hold

27,151,999 shares, equal to 29.9% of the total number

of shares and votes in NMG. Strata has, through this

transaction, carried out its intention to divest such

number of shares that exceeded the mandatory offer

threshold in NMG. Solan Capital AS owned no shares in

NMG prior to the transaction, and has therefore

increased its holding to 9,427,581 shares in NMG,

equal to 10.38% of the total number of shares and

votes in NMG.

Martin Nes is the chairman of the Board of Directors

of NMG, and Mr. Nes is also a member of the Board of

Directors of Strata. Board member Jan Frode Andersen

is an investment director in Strata.

The above information has been made public in

accordance with Chapter 3. Section 6 of the Swedish

Act on Public Takeover Offers (Sw: Lag (2006: 451) om

offentliga uppköpserbjudanden).