Axactor (AXA): Change in number of shares and votes

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PRESS RELASE DATED 2016-02-29

As already informed, Axactor has in February 2016 conducted a directed share issue (private placement). In total, 59,600,000 new ordinary shares were issued during the month. Total number of shares and votes post the issues thereby increased from 596,614,360 to 656,214,360.

The share capital increased by SEK 29,800,000 to SEK 328,107,180.

This announcement follows standard information requirements for Swedish public companies at end of month during periods when the share capital has been changed, in accordance with Section 9 Chapter 4 of the Swedish Financial Instruments Trading Act (Sw. Lag (1991:980 om handel med finansiella instrument).

For and on behalf of the Board of Directors of Axactor AB (publ)

Endre Rangnes

Chief Executive Officer

For information, please contact Endre Rangnes

Mail: endre.rangnes@axactor.com

Tel: + 46 8 402 28 00

Cell Phone: +47 48 22 11 11

Cautionary Statement: Statements and assumptions made in this document with respect to Axactor AB’s (“Axactor”) current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of Axactor. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to, (i) changes in the economic, regulatory and political environments in the countries where Axactor operates; (ii) changes relating to the statistic information available in respect of the various debt collection projects undertaken; (iii) Axactor’s continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential partners, ventures and alliances, if any; (v) currency exchange rate fluctuations between the SEK and the currencies in other countries where Axactor or its subsidiaries operate. In the light of the risks and uncertainties involved in the debt collection business, the actual results could differ materially from those presented and forecast in this document. Axactor assumes no unconditional obligation to immediately update any such statements and/or forecasts.

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