Disclosure of shareholdings / mandatory notification of trade

Reference is made to the disclosure of shareholdings from Tenold Gruppen AS and Coil Investment Group AS on 22 July 2015 and 30 November 2015.

All terms in the share purchase agreement of 21 July 2015 have been fulfilled. Tenold Gruppen AS, primary insider in Agasti Holding ASA, has on 22 December 2015 completed the purchase of 14,000,000 shares in Agasti Holding ASA at a price of NOK 1.59 per share. Tenold Gruppen AS is controlled by Øystein Tenold, board member and primary insider in Agasti Holding ASA.

Following completion of the transaction Tenold Gruppen AS holds 44,848,997 shares in Agasti Holding ASA, which represents approximately 15.23% of the share capital, above the 15% disclosure threshold.

Following completion of the transaction Coil Investment Group AS owns 13,436,755 shares in Agasti Holding ASA, which represents approximately 4.56% of the share capital, below the 5% disclosure threshold.

This information is subject of the disclosure requirements pursuant to section 4-3 and section 5-12 of the Norwegian Securities Trading Act.