Kitron — Major Shareholding Notification 2016

Oct 19, 2016

Disclosure of significant shareholding in Kitron ASA: Kongsberg Gruppen ASA sells 33,439,153 shares

Disclosure of significant shareholding in Kitron ASA: Kongsberg Gruppen ASA sells 33,439,153 shares

Kongsberg, 19 October 2016

Kongsberg Gruppen ASA ("KOG") has today sold its

holding in Kitron ASA ("KIT") of 33,439,153 shares in

Kitron ASA, representing 19.33 percent of the share

capital and voting rights in the company. The shares

were sold at a price of NOK 5.50 per share. Following

the completion of the sale, Kongsberg Gruppen ASA will

not hold any shares in Kitron ASA.

Pareto Securities AS acted as sole bookrunner on the

transaction.