27 September 2017, 14:16 CEST

Axactor Group

Stock notice

Axactor AB - Increase in share capital related to the Tranche 2 of the Private Placement

Oslo, 27 September 2017 - Reference is made to the stock exchange

announcement from Axactor AB ("Axactor" or the "Company") published

14 August 2017 regarding the successfully completed private

placement of 240,000,000 new shares (the "Private Placement Shares")

at a price of NOK 2.49 per share (the "Private Placement"), and the

stock exchange announcement regarding the approval of the prospectus

of the Company by the Swedish Financial Supervisory Authority. DNB

Markets, a part of DNB Bank ASA, acted as manager for the Private

Placement (the "Manager").

The Private Placement is divided into i) a Tranche 1 consisting of

75.6 million Private Placement Shares, and ii) a Tranche 2

consisting of 164.4 million Private Placement Shares.

The Company has received confirmation that the share capital

increase of EUR 8,605,077.21 divided into 164,400,000 Private

Placement Shares related to Tranche 2 of the Private Placement has

been registered by the Swedish Companies Registry. The 164,400,000

Private Placement Shares are consequently tradable. The new

registered share capital of Axactor is EUR 79,376,538.55 divided

into 1,516,488,769 shares.

The payment and registration of the Private Placement Shares has

been done based on pre-funding from the Manager. As previously

announced, the Company and the Manager have entered into an

agreement related to pre-funding of the payment for the Private

Placement Shares (the "Pre Funding Agreement"). The Pre Funding

Agreement regulates inter alia certain rights and obligations of the

Company and the Manager related to the pre-funding.

The Private Placement Shares in Tranche 2 will be settled through a

delivery versus payment transaction expected on or about 29

September 2017.

For additional information, please contact:

Endre Rangnes, CEO Axactor

Mobile phone: +47 4822 1111

Email: endre.rangnes@axactor.com


Geir Johansen, CFO & Investor Relations, Axactor

Mobile phone: +47 4771 0451

Email: geir.johansen@axactor.com