Arribatec Group ASA - Director's Dealing 2019

Mandatory notification and disclosure of shareholding

Reference is made to the stock exchange announcement on 22 March 2019 regarding

allocation of shares in a NOK 20 million private placement to primary insiders

in Hiddn Solutions ASA (the "Company") in which it was announced that 3,690,476

new shares in the Company were subscribed for on the behalf of the Lombard

International Assurance Policy accounts of both Øystein Tvenge, chairman of the

board in the Company, and Intelco Concept AS, represented in the Company's board

by Mr. Tvenge. It has been agreed that these shares instead shall be issued

directly to Mr. Tvenge personally and Intelco Concept AS, with 885,714 new

shares and 2,804,762 new shares, respectively, all at the subscription price of

NOK 0.84. After this and taking into account the new shares in the private

placement, Intelco Concept AS will directly own 2,804,762 (2.43%) shares in the

Company and 11,105,969 (9.61%) shares through its Lombard International

Assurance Policy account, while Mr. Tvenge will own 1,117,985 (0.97%) personally

and 3,500,000 (3.03%) through his Lombard International Assurance Policy

account.

As a consequence of the above, the aggregate shareholding of the Lombard

International Assurance Policies of Mr. Tvenge and Intelco Concept AS will be

14,605,969, entailing a reduction from 15.92% to 12.64% of the total amount of

shares in the Company (taking into consideration the new shares in the private

placement).

The aggregate shareholding of Mr. Tvenge, Intelco Concept AS and their

shareholdings in the Lombard International Assurance Policy accounts is

18,528,716 shares in the Company, representing 16.03% of the total amount of

shares in the Company (taking into consideration the new shares in the private

placement).

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