AF Gruppen — Share Issue/Capital Change 2017

Feb 13, 2017

Share issue

Share issue

Reference is made to public announcement 09.02.2017

regarding the acquisition of Kanonaden Entrepenad AB.

According to the authorisation given by the general

meeting 12 May 2016, the Board of Directors in AF

Gruppen ASA (AFG) has decided to perform a share issue

of 318,766 shares as a private placement to the

sellers of shares in Kanonaden Entrepenad AB. The

subscription price will be NOK 153.40 per share and

nominal value per share is NOK 0.05.

The share issue will increase the share capital in AF

Gruppen by NOK 15,938.30 to NOK 4,696,438.30. The

total number of shares outstanding after this share

issue will be 93,928,766.

A new certificate of registration will be submitted to

Oslo Stock Exchange when it is available.