Capital increase - Exercise of employee share options

According to the company's share option plan for executives and key personnel in the Agasti Group 1,916,667 share options can be exercised after the Group's interim result for the second quarter and first half of 2013 has been published. The execution price is NOK 1.33 per share. The company has received option notices of a total of 833,333 share options. In order to fulfill the company's obligations under the share option agreements, the Board of Directors has in an extraordinary board meeting on 18 August 2012 decided to make use of the proxy given by the general meeting 26 June 2013. 

The Board of Directors has resolved to increase the company's share capital by NOK 158,999.94 from NOK 52,585,534.98 to NOK 52,744,534.92 through a issue of 833,333 new shares, each with a nominal value of NOK 0.18.

Share options exercised by primary insiders:

Deputy CEO Jørgen Pleym Ulvness has on 16 August exercised 583,333 options in the company, corresponding to 583,333 shares at the price of NOK 1.33. Following this transaction Ulvness owns and controls 2,144,338 shares and 1,166,667 share options in Agasti Holding ASA.

CFO Christian Tunge has on 16 August exercised 300,000 options in the company, corresponding to 300,000 shares at the price of NOK 1.33. Following this transaction Tunge owns and controls 1,000,000 shares and 903,334 share options in Agasti Holding ASA.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Agasti Holding ASA is a listed company without any operational activity or employees. The company is in liquidation.

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