Axactor - Last day of Subscription Period of the Subsequent Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN 
PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR 
THE UNITED STATES

Oslo, 12 December 2016 - Reference is made to the stock 
exchange announcement from Axactor AB (publ) ("Axactor" or 
the "Company") published 25 November 2016 regarding the 
subsequent offering of up to 50,000,000 new shares in the 
Company (the "Offer Shares") at a subscription price of NOK 
2.60 per Offer Share (the "Subsequent Offering").

The subscription period for the Subsequent Offering will 
expire today, 12 December 2016 at 16:30 hours (CET). 
Correctly completed subscription forms must be received by 
one of the subscription offices or, in the case of online 
subscriptions, be registered, within this deadline as set out 
in the prospectus of the Company dated 25 November 2016 (the 
"Prospectus").

Upon expiry of the subscription period, any subscription 
rights that have not been exercised will expire and have no 
value.

For more information, please refer to the Prospectus.

For further information, please contact:

Endre Rangnes 
Chief Executive Officer
Mail: endre.rangnes@axactor.com
Tel: + 46 8 402 28 00
Cell Phone: +47 48 22 11 11

Geir Johansen
Chief Financial Officer
Mail: geir.johansen@axactor.com
Cell Phone: +47 47 71 04 51

Important information:

The release is not for publication or distribution, in whole 
or in part directly or indirectly, in or into Australia, 
Canada, Japan or the United States (including its territories 
and possessions, any state of the United States and the 
District of Columbia).

This release is an announcement issued pursuant to legal 
information obligations, and is subject of the disclosure 
requirements pursuant to section 5-12 of the Norwegian 
Securities Trading Act. It is issued for information purposes 
only, and does not constitute or form part of any offer or 
solicitation to purchase or subscribe for securities, in the 
United States or in any other jurisdiction. 

The securities mentioned herein have not been, and will not 
be, registered under the United States Securities Act of 
1933, as amended (the "Securities Act"). The securities may 
not be offered or sold in the United States except pursuant 
to an exemption from the registration requirements of the 
Securities Act. The Company does not intend to register any 
portion of the offering of the securities in the United 
States or to conduct a public offering of the securities in 
the United States. Copies of this announcement are not being 
made and may not be distributed or sent into Australia, 
Canada, Japan or the United States. The issue, exercise, 
purchase or sale of subscription rights and the subscription 
or purchase of shares in the Company are subject to specific 
legal or regulatory restrictions in certain jurisdictions. 

Neither the Company nor the Managers assumes any 
responsibility in the event there is a violation by any 
person of such restrictions.

The distribution of this release may in certain jurisdictions 
be restricted by law. Persons into whose possession this 
release comes should inform themselves about and observe any 
such restrictions. Any failure to comply with these 
restrictions may constitute a violation of the securities 
laws of any such jurisdiction. The Managers are acting for 
the Company and no one else in connection with the Subsequent 
Offering and will not be responsible to anyone other than the 
Company for providing the protections afforded to their 
respective clients or for providing advice in relation to the 
Subsequent Offering and/or any other matter referred to in 
this release.

Forward-looking statements:
This release and any materials distributed in connection with 
this release may contain certain forward-looking statements. 
By their nature, forward-looking statements involve risk and 
uncertainty because they reflect the Company's current 
expectations and assumptions as to future events and 
circumstances that may not prove accurate. A number of 
material factors could cause actual results and developments 
to differ materially from those expressed or implied by these 
forward-looking statements.