LINK Mobility Group ASA acquires Netmessage in France

Reference is made to the stock exchange announcement from LINK Mobility Group ASA on 26 October 2017 about signing of the definitive agreement for acquisition of French mobile messaging company Netmessage SAS (previously Netmessage SARL) ("Netmessage").

Netmessage was established in 2006, and is located in Paris, France. Netmessage has a strong position in the French market and is one of the leading mobile messaging and marketing providers in France and has launched many new services within this space over the last years. Netmessage had in 2016 a revenue of EUR 9.8 million and an normalized EBITDA of EUR 1.65 million.

LINK has today completed the acquisition of Netmessage by acquisition of all shares. The acquisition was completed on an agreed enterprise value of EUR 9.9 million on a cash -free and debt-free basis and assuming a normalized level of working capital. The enterprise value is based on a normalized EBITDA of EUR 1.65 million multiplied by a factor of 6.

Aabø-Evensen & Co has acted as legal advisors to LINK Mobility Group ASA in connection with the transaction.

For further information, please contact:

Arild Hustad, CEO
LINK Mobility Group ASA
arild.hustad@linkmobility.com
Mob: +47 95 24 19 30

About LINK Mobility Group ASA

LINK Mobility Group ASA is one of Europe's leading providers within mobile communications, specialized in mobile messaging services, mobile solutions and mobile data intelligence. The Group offers a wide range of scalable services and solutions across industries and sectors due to the growing demand of digital convergence between businesses and customers, platforms and users. The Group is headquartered in Oslo/Norway and is listed on the Oslo Stock Exchange (ISIN: NO0010219702). LINK Mobility continues to experience strong organic growth with a high degree of recurring revenue as customers tend to move more business activities onto the mobile platforms. In 2016, LINK Mobility had a total turnover of 924 million NOK with offices in Norway, Sweden, Denmark, Finland, Latvia, Estonia, Bulgaria, Germany, Spain and France.

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

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