BRAbank ASA: BRA-ME - Increase in share capital

Bergen, 18 March 2020


Reference is made to prior announcements regarding a private placement with gross proceeds of NOK 65 million in BRAbank ASA ("BRAbank"). The share capital increase has now been registered with the Norwegian Register of Business Enterprises. Following registration of the share capital increase, BRAbank's share capital is NOK 125,183,711.60 divided into 625,918,558 shares with a par value of NOK 0.20 per share.


For further information contact:

Hans Ljøen, Chief Executive Officer at BRAbank, phone: +47 481 87 750

Torbjørn Botnevik, Chief Financial Officer at BRAbank, phone: +47 982 80 233


This information is published in accordance with the requirements of the Continuing obligations of companies admitted to trading on Merkur Market.