Eqva ASA - Share Issue/Capital Change 2014

Havyard Group ASA acquires further shares in HFR

On 25.06.2014 Havyard Group ASA ("Havyard") agreed to

purchase an additional 28 % of the shares in the

Havyard's subsidiary Havyard Fish Handling &

Refrigeration AS ("HFR"). Following the acquisition

Havyard now owns 100 % of the shares in HFHR. The

agreed purchase price for the remaining 28 % of the

shares is NOK 25.2 million.

The seller of the shares is Leif Roger Gjelseth (21.5

% through his wholly owned company Erle Invest AS),

Steinar Torvik (3.2 %), Arnfinn Hide (1.6 %) and

Petter Kåre Grytten (1.6 %). Gjelseth is former CEO

of HFR, and has now taken position as leader of sales

and business development in HFR. The other sellers

are also employed in HFR. All sellers have chosen to

subscribe in the IPO of Havyard, and thereby they

have the same shareholder interests as the other

shareholders in Havyard.

The purchase is a part of the group´s strategy that

growth can be achieved through purchases and mergers

with companies that has complementary business to

Havyard.

For further information, please contact:

Geir Johan Bakke, CEO +47 48 18 00 11

Karl Eirik Hansen, CAO +47 40 24 71 13

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