Axactor SE

M&A Activity • Apr 7, 2016

AXACTOR AB (PUBL) - IKAS ACQUISITION SUCCESSFULLY COMPLETED

AXACTOR AB (PUBL) - IKAS ACQUISITION SUCCESSFULLY COMPLETED

Oslo, 7 April 2016 - Reference is made to the announcement

by Axactor AB (publ) ("Axactor") on 17 March 2016 concerning

the acquisition of the Norwegian credit management company

IKAS. On 7 April 2016, the acquisition was successfully

completed. On such basis, Axactor has resolved to issue

49,033,589 consideration shares (the "Consideration Shares")

to the previous shareholders of IKAS, as settlement of 30%

of the purchase price for IKAS. The new share capital will

not be registered and the Consideration Shares not delivered

until the approval and announcement of a listing prospectus

for the Consideration Shares has been completed.

For further information:

Geir Johansen, CFO & Investor Relations, +4747710451

About Axactor:

Axactor is a newly established company in the market for

credit management services. The company has a Nordic base

and an ambitious pan-European growth strategy, which targets

the market for non-performing loans in Europe. This market

is estimated to about 1 500 billion euros, and Axactor's

main focus is debt collection and purchase of NPL

portfolios. As a first step in the pan-European growth

strategy Axactor acquired the company ALD Abogados in

December 2015. ALD Abogados is a leading debt collection

company in Madrid with 120 employees, and has in addition a

call center with 80 employees in Valladolid, Spain.

This information is subject to the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading

Act.