NRC Group has completed the acquisition of ALTi Bygg og Anlegg AS

Reference is made to the announcement on 29 June 2017 by NRC Group ASA ("NRC Group" or the "Company") regarding the agreement for NRC Group's acquisition of ALTi Bygg og Anlegg AS (referred to below as "ALTi").

NRC Norge AS, a wholly owned subsidiary of NRC Group, has today completed the acquisition of ALTi.

In connection with the acquisition, the board of directors of the Company has issued 1,724,137 shares at a price per share of NOK 58 as partial consideration to the seller of ALTi pursuant to an authorization granted by the Company's extraordinary general meeting on 3 May 2017. The share capital increase pertaining to the share issuance has been registered with the Norwegian Register of Business Enterprises and the Company's share capital is now NOK 41,253,349 divided on 41,253,349 shares, each with a nominal value of NOK 1.

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

Tags: