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28 January 2021, 16:58 CET

Axactor Group

Stock notice

Axactor SE - Registration of share capital increase following the private placement and issuance of consideration shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

Axactor announces registration of share capital increase

Reference is made to (i) the stock exchange announcements by Axactor SE (OSE: ACR) ("Axactor”) on 9 December 2020 regarding a private placement of 40,000,000 new shares (the “Private Placement Shares”), and the issuance of 50,000,000 new shares (the “Consideration Shares”) to Geveran Trading Co Ltd. (“Geveran”) as consideration for the company’s acquisition of 50% of the equity interest in Axactor Invest 1 S.á r.l. from Geveran and its affiliates, and (ii) the stock exchange announcement on 5 January 2021 regarding a completed extraordinary general meeting of the company.

The private placement shares have been tradable since 7 January 2021 through a share lending agreement.

The share capital increase pertaining to Private Placement Shares and the Consideration Shares, each with a nominal value of EUR 0.523423187712375, has now been registered in the Norwegian Register of Business Enterprises, and the Company's share capital has been increased with EUR 47,108,086.89411374.

Following registration of the share capital increase, the Company has an issued share capital of EUR 144,148,371.64840874, divided into 275,395,464 shares, each with a par value of EUR 0.523423187712375.


For further information, please contact:
Kyrre Svae
Interim CFO | Chief of Strategy & IR
kyrre.svae@axactor.com
+47 478 39 405