Arribatec Group ASA — Major Shareholding Notification 2018

Oct 9, 2018

Disclosure of shareholding

Disclosure of shareholding

Reference is made to previous stock exchange notice today regarding the transfer of shares in Hiddn Solutions ASA (the "Company") made by the chairman of the board in the Company, Øystein Tvenge, and Intelco Concept AS to Lombard International Assurance ("LIA").

Intelco Concept AS has agreed to transfer its shares in the Company to LIA and has today in total transferred 11,105,969 shares. As a consequence of the transfer, Intelco Concept AS has reduced its direct ownership in the Company from 12.11% to 0% of the total amount of outstanding shares.

Following the share transfers of both Øystein Tvenge and Intelco Concept AS, LIA's ownership percentage in the Company will increase from 0 shares to 14,605,969.00 shares, which equals 15.921% of the total amount of outstanding shares in the Company.