Nekkar - Share Issue/Capital Change 2019

TTS Group ASA: Recorded increase in share capital

Reference is made to stock exchange notice of 14.12.2018 regarding the

Extraordinary General Meeting approval of the amendment to the Company's bond

loan agreement ISIN NO 001 0593890 reflecting conversion rights of bond into

shares in TTS Group ASA.

One bondholder have converted a total of NOK 4.900.000,-, to 985.915 shares

based on the conversion rate of 4,9700 per share.

Subsequent to this conversion, the remaining nominal convertible bond debt is

NOK 86.045.000,- corresponding to 17.312.877 conversion rights.

The new share capital in TTS Group ASA of NOK 9.688.191,70 divided into

88.074.470 shares, has been registered in the Norwegian Registry of Business

Enterprises.

Bergen, 12 March 2019

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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