Kid ASA - Mandatory Notification of Trade

Oslo, 3rd December 2015. As a result of the exercise of the over-allotment option by ABG Sundal Collier ASA, Gjelsten Holding AS has sold 120,691 shares in Kid ASA at a price of NOK 31 per share under the over-allotment option granted to ABG Sundal Collier. Gjelsten Holding AS is represented on the board of Directors of Kid ASA.

Following the transaction, Gjelsten Holding AS holds 19,879,309 shares in Kid ASA, equal to 48.9% of the shares in the company, based on a total number of outstanding shares of 40,645,162 shares.