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ABL Group Share Issue/Capital Change 2023

Apr 19, 2023

3519_rns_2023-04-19_cd13db7c-93e7-4345-95f0-cd3a27c82ba2.html

Share Issue/Capital Change

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ABL GROUP ASA: New share capital registered

ABL GROUP ASA: New share capital registered

19 April 2023 - Reference is made to the stock exchange notice from ABL Group ASA ("ABL Group" or the "Company") on 18 April 2023 regarding the completion of the Company’s acquisition of 100 percent of the shares in AGR AS and the issuance of 18,166,667 ordinary ABL Group shares to the seller as part of the consideration thereof (the “Consideration Shares”).

The share capital increase pertaining to the issuance of the Consideration Shares has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

Following this, the Company's registered share capital is NOK 12,293,652.90 divided on 122,936,529 shares each with a par value of NOK 0.10.

For further information, please contact:

Investors and financial media:

Stuart Jackson, Chief Financial Officer, email: [email protected]

Haakon Brandrud, Director of Strategy and Corporate Development, telephone: +47 95 07 05 12, email: [email protected]

Other media enquiries:

Endre Johansen, Corporate Communications AS, telephone: +47 41 61 06 05, email:

[email protected]

About ABL Group

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) offers independent energy and marine consultancy to the global renewables, maritime and oil and gas sectors. The group has offices in 39 countries worldwide. ABL Group operates under seven brands: ABL, OWC, Longitude, AGR, Add Energy, Innosea and ABL Yachts.