Techstep ASA — M&A Activity 2016

Nov 4, 2016

TECHSTEP ASA: INDEPENDENT STATEMENT ON MANDATORY OFFER.

TECHSTEP ASA: INDEPENDENT STATEMENT ON MANDATORY OFFER.

In connection with the mandatory offer by Zono Holding AS to

acquire the remaining shares of Techstep ASA, Arctic Securities

has performed an independent valuation of the offer in

accordance with Section 6-16 of the Securities Trading Act. The

full text of the statement issued by Arctic Securities is

provided as an attachment to this announcement.

This information is subject to disclosure requirements pursuant

to Section 5-12 of the Norwegian Securities Trading Act.