Nel ASA — Major Shareholding Notification 2017

Jul 3, 2017

PRESS RELEASE / OSE FILING July 3, 2017 – Oslo, Norway

Nel ASA: Disclosure of large shareholding

(Oslo, July 3, 2017) Reference is made to today´s announcement from Nel relating to the share capital increase in Nel ASA. Due to the dilution effects of said capital increase, a mandatory notification is triggered for H2 Holding ApS. No transaction is made by H2 Holding ApS, and the number of shares held by H2 Holding ApS remains at 127,405,781, equal to approx. 14.2% of the total number of shares in Nel outstanding after the share capital increase.

ENDS

For additional information, please contact: Bent Skisaker, CFO , +47 4682 1393

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