Subscription Rights Grant

On 16 November 2016, the Board of Directors of Cxense ASA resolved to issue 19,500 subscription rights ("SRs") to employees in the company. The grant was made under the company's 2016 incentive subscription rights plan as resolved at the annual general meeting on 12 May 2016. The exercise price of the SRs is NOK 148.80 per share. The issued SRs vest over 4 years by 25 % on each anniversary from the date of the grant. The SRs expire on 12 May 2021.

Following the grant there will be a total of 385,275 subscription rights and share options outstanding. As of today there are 7,553,787 shares outstanding.

17 November 2016

Cxense ASA
Investor Relations Contact
Jørgen M. Loeng
Chief Financial Officer
Email: ir@cxense.com
Mobile: +47 906 60 062

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