Nekkar - Share Issue/Capital Change 2022

Nekkar ASA: Share issue to new CEO resolved

26.1.2022 19:49:59 CET | Nekkar ASA | Additional regulated information required

to be disclosed under the laws of a member state

Reference is made to the stock exchange notice by Nekkar ASA (the "Company") on

26 January 2022 regarding the appointment of Mr Ole Falk Hansen as the Company's

new CEO of the Company.

In that connection, The Board has, pursuant to the authorization granted by the

Company's ordinary general meeting on 27 May 2021, resolved to issue 200 311 new

shares, each with a par value of NOK 0.11, towards the new CEO. The subscription

price is set to NOK 7.49 per share, corresponding to the volume-weighted five

days average trading price of the share in the period between 20 and 26 January

2022, less a discount of 25%, subject to certain customary conditions, including

a two-year lock-up on all of the shares and subject to the CEO continuing to

serve the group during the lock-up period.

Upon registration of the share capital increase with the Norwegian Register of

Business Enterprises, the Company's share capital will be NOK 11 736 264.21,

consisting of 106 693 311 shares, each with a par value of NOK 0.11.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.

CONTACTS

* Preben Liltved, CEO, +47 480 62 691, [email protected]

ABOUT NEKKAR ASA

Nekkar (OSE: NKR) is an industrial technology group offering impact technologies

combined with high-end software solutions. The group combines 50 years' heritage

from the world's number one shiplift company, Syncrolift, with new investments

into sustainable, digitalised technology businesses that aim to unlock growth

within ocean-based industries such as offshore energy and renewables and

aquaculture.

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