Hunter Group ASA

Director's Dealing • Jun 13, 2018

Hunter Group ASA - Mandatory notification of trade

Hunter Group ASA - Mandatory notification of trade

Oslo, 13 June 2018:

Reference is made to the Hunter Group ASA's (the "Company") extraordinary

general meeting as of 13 June 2018, whereby the general meeting resolved the

private placement with gross proceeds of NOK 520,000,000 (the "Secondary Private

Placement"), and subsequent offering with aggregate gross proceeds of up to NOK

52,000,000 (the "Subsequent Offering").

Notice is hereby given that as an effect of the Secondary Private Placement,

Apollo Asset Limited, a company controlled by the Company's board member Mr.

Arne Fredly, has today subscribed for and been allocated 31,250,000 shares in

the Company, at a price of NOK 3.20 per share. After completion of the Secondary

Private Placement Apollo Asset Limited will own 99,925,607 shares, corresponding

to 27,1% of the share capital of the Company before the Subsequent Offering.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Erik A.S. Frydendal, CEO, +47 957 72 947, ef@huntergroup.no