NRC Group ASA - Appointed to a contract in Norway - NOK 199 million

Bane NOR has appointed NRC Bane AS, a company wholly owned by NRC Group ASA, to a contract for preparatory works in connection with the new ERTMS signalling system on Bergensbanen, Flåmsbanen and Randsfjordbanen.

The contract is valued at approximately NOK 199 million and will involve rail services such as electro and groundwork.

The work will commence in April 2020, and the project is scheduled for completion in December 2021.

Closing date for submission of complaints is 10 days from today, and formal contractual signing can take place after this period at the earliest.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

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