Shares purchased by employees in 2019 Share Program

NRC Group ASA (the "Company") has completed the 2019 share program for employees in the Company and the Company's subsidiaries in Norway, Sweden and Finland, where the employees have been offered the opportunity to purchase shares in the Company at a 20% discount for a total amount of either NOK 12,000, NOK 20,000 or NOK 32,000. The purchase price per share before the discount was NOK 59.70, corresponding to the closing trading price of the Company’s share on the Oslo Stock Exchange on 9 April 2019.

In connection with the program, the Company has today transferred 187,875 of its shares held in treasury to employees participating in the program. The Company holds 12,497 shares in treasury following the transaction.

The following primary insiders purchased shares:

CEO, Øivind Horpestad, has purchased 670 shares in the program. Following the purchase, Mr. Horpestad owns 1,830,358 shares (of which 500,000 shares are on future contract) and 100,000 options in the Company. The shares are held by Gimle Invest AS, a company wholly owned by Øivind Horpestad.

CFO, Dag Fladby, has purchased 670 shares in the program. Following the purchase, Mr. Fladby owns 75,000 options and 39,400 shares in the Company (of which 17,448 shares is subject to registration of the appurtenant share capital increase resolution with the Norwegian Register of Business Enterprises).

MD of NRC Norge, Hans Olav Storkås, has purchased 670 shares in the program. Following the purchase, Mr. Storkås owns 22,170 shares and 5,000 options in the Company.

MD of NRC Finland, Harri Lukkarinen, has purchased 670 shares in the program. Following the purchase, Mr. Lukkarinen owns 670 shares in the Company.

Head of Finance, Rolf Berge, has purchased 670 shares in the program. Following the purchase, Mr. Berge owns 11,371 shares and no options in the Company. 10,000 of the shares are held by Loreåsen Holding AS, a company controlled by Mr. Berge.

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

About Us

About NRC GroupNRC Group is the largest rail infrastructure entrepreneur in the Nordic region. NRC Group has experienced significant growth since its inception in 2011 and has regional offices throughout Norway, Sweden and Finland. The company is headquartered at Lysaker, nearby Oslo, in Norway. NRC Group is listed on the Oslo Stock Exchange under ticker "NRC". The company's chief executive officer is Henning Olsen.

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