NRC Group - Notification of Trade

On 18 November 2016, Sora AS has entered into a forward contract to purchase 35,000 shares in NRC Group ASA at a price of NOK 45.77 per share. The term of the forward contract expires on 19 May 2017. At the same time, Sora AS sold 35,000 shares in NRC Group ASA to the counterparty in the forward contract, at a price of NOK 44.90 per share. Sora AS is wholly owned by Alfred Beck, who is General Counsel of NRC Group ASA.
 
Following these transactions, Sora AS owns 390,000 shares in NRC Group ASA, representing approximately 1.10% of the outstanding shares and votes in the company. Inclusive of the shares comprised by the forward contract, Sora AS' number of shares and votes are unchanged.
 
This notification is made with reference to Sections 4-2 and 4-4 of the Norwegian Securities Trading Act.