Scatec ASA

Major Shareholding Notification • Feb 7, 2020

Notification - Major shareholdings

Notification - Major shareholdings

Incentive AS, in its capacity as discretionary investment manager of several funds and separately managed accounts, today (7 February 2020) sold 150 000 shares of Scatec Solar ASA, ISIN NO0010715139, (the “Company”) at a price of NOK 164.50 per share (the “Transaction”) in an ordinary transaction on the Oslo Stock Exchange. As a consequence of the Transaction, funds and separate accounts managed by Incentive AS now own less than 5 per cent of the voting rights and outstanding shares in the Company.

Before the Transaction, funds and separate accounts managed by Incentive AS owned 6 293 936 shares in the Company. After the Transaction, the funds and separate accounts managed by Incentive AS own 6 143 936 shares in the Company, equaling 4.89 per cent of the issued shares and the votes in the Company.

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