Nekkar - Capital/Financing Update 2018

TTS Group ASA: Results from the Bondholders' meeting

TTS Group ASA ("Company") hereby announces that today's Bondholders' meeting

unanimously approved the proposed changes (pursuant to summons of 27 November

2018) to the bond issue "10.00 per cent TTS Group ASA Convertible Callable

Unsecured Subordinated Bond Issue 2011/2016" with ISIN NO 0010593890.

The bondholder meeting approved a six-month extension to the company's

convertible bond loan, which expires 18 January 2019. New expiry date is 18 July

The Company has convened an Extraordinary General Meeting on 14 December to

request approval of a corresponding six-month extension for the conversion

rights for the loan. The Bond Agreement will amended as set out in the summons

of the meeting contingent on the approval from the Extraordinary General Meeting

as outlined above.

Bergen, 11 December 2018

TTS Group ASA

http://www.ttsgroup.com

Contact persons:

Toril Eidesvik

CEO

M: +47 900 78 218

Leiv Kallestad

CFO

M: +47 958 95 661

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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