Arribatec Group ASA — Share Issue/Capital Change 2019

Mar 22, 2019

Hiddn: Mandatory notification of trade

Hiddn: Mandatory notification of trade

Reference is made to the announcement by Hiddn Solutions ASA (the "Company") on

22 March 2019 in connection with a private placement of approximately NOK 20

million (the "Private Placement") in new shares in the Company at a subscription

price of NOK 0,84 per new share (the "New Shares").

The following primary insiders of the Company has participated in the Private

Placement:

J.P. Morgan Bank Luxembourg S.A. has been allocated 3,690,476 New Shares on

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. Following completion of the

Private Placement, the Lombard International Assurance Policy accounts of

Øystein Tvenge and Intelco Concept AS, as well as Øystein Tvenge personally,

will in aggregate hold 18,528,716 shares in the Company, representing 16.0% of

the issued share capital of the Company.

Dallas Asset Management AS, a company controlled by Jan Chr. Opsahl, board

member in the Company, has been allocated 1,666,666 New Shares in the Private

Placement. Following completion of the Private Placement, Dallas Asset

Management AS will hold 14,316,506 shares in the Company, representing 12.4 %%

of the issued share capital of the Company.

Kvinnesiden AS, a company controlled by Siw Ødegaard, board member in the

Company, has been allocated 297,619 New Shares in the Private Placement.

Following completion of the Private Placement, Kvinnesiden AS will hold 297,619

shares in the Company, representing 0.3% of the issued share capital of the

Company.

Wollebekkgruppen AS, a company 50 % owned by Carl Espen Wollebekk, CEO in the

Company, has been allocated 238,095 New Shares in the Private Placement.

Following completion of the Private Placement, Wollebekkgruppen AS will hold

4,305,181 shares in the Company, representing 3.7% of the issued share capital

of the Company.