Nekkar — M&A Activity 2016

Jul 18, 2016

Voluntary offer - offer document approved

Voluntary offer - offer document approved

Oslo Børs, in capacity as take-over supervisory

authority, has approved offer set out in offer

document dated 18 July 2016 in respect of:

Voluntary offer to acquire the shares in TTS Group

ASA made by Palfinger Marine GmbH.

Offer price: NOK 5.60 per share

Offer period: From and including 18 July 2016 to and

including 12 August 2016 at 16:30 CET (subject to

extension)

Receiving agent: Norne Securities AS

Dated: 18 July 2016