Aqua Bio Technology — Capital/Financing Update 2020

Aug 18, 2020

Correction: KEY INFORMATION RELATING TO THE SUBSEQUENT OFFERING

Correction: KEY INFORMATION RELATING TO THE SUBSEQUENT OFFERING

Reference is made to the announcement by Aqua Bio Technology ASA on 17 August 2020 concerning, inter alia, two private placement with total gross proceeds of NOK 12.6 million and a contemplated subsequent offering (the "Subsequent Offering").

Date on which the terms of the Subsequent Offering was announced: 17 August 2020

Last day including right: 17 August 2020

First day excluding right: 18 August 2020

Record date: 19 August 2020

EGM date: On or about 11 September 2020

Maximum number of new shares: 505,200

Subscription price: NOK 5.00

Shall the rights be listed No

The formal resolution (including final number of shares to be offered) related to the Subsequent Offering will be made by the board of directors at a later time, and further information will be given in due course.

This information is published in accordance with the requirements of the Continuing Obligations.