NRC Group - Notification of Trade

On 11 May 2017, Charlotte Holding AS entered into a forward contract to purchase 500,000 shares in NRC Group ASA at a price of NOK 60.83 per share. The term of the forward contract expires on 10 November 2017. At the same time, Charlotte Holding AS sold 500,000 shares in NRC Group ASA to the counterparty in the forward contract, at a price of NOK 61.87 per share.

Charlotte Holding AS is wholly owned by Øivind Horpestad, who is the CEO of NRC Group ASA.

Following the sale, Charlotte Holding AS owns 1,928,008 shares in NRC Group ASA, representing approximately 4.88% of the outstanding shares and votes in the company. Inclusive of the shares comprised by the forward contract, Charlotte Holding AS' number of shares and votes are unchanged.

On 11 May 2017, Sora AS entered into a forward contract to purchase 85,000 shares in NRC Group ASA, at a price of NOK 52.40. The term of the forward contract expires on 10 November 2017. At the same time, Sora AS sold 50,000 shares in NRC Group ASA to the counterparty in the forward contract, at a price of NOK 55.50 per share.

Sora AS is wholly owned by Alfred Beck, who is General Counsel of NRC Group ASA.

Following these transactions, Sora AS owns 340,000 shares in NRC Group ASA, representing approximately 0.86% of the outstanding shares and votes in the company.

This notification is made with reference to Sections 4-2 and 4-4 of the Norwegian Securities Trading Act.

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