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    NRC Group ASA - Cancellation of contract

    Oslo, 18 July 2017. Reference is made to the stock exchange notice made by NRC Group ASA ("NRC Group" or the "Company") on 4 July 2017 where Trafikverket in Sweden appointed Segermo AB, a company wholly owned by NRC Group, to a contract of track renewal on the railway connection between Karlstad C and Karlstad Östra in Sweden. NRC Group has today been informed by Trafikverket that it has cancelled the contract due to procedural error in the tender process and that Trafikverket shortly will re-announce the contract again to the market. For further information, please contact: Øivind

    NRC Group has completed the acquisition of Signal & Banbyggarna i Dalarna Aktiebolag

    Reference is made to the announcement on 31 March 2017 by NRC Group ASA ("NRC Group" or the "Company") regarding the agreement for NRC Group's acquisition of Signal & Banbyggarna i Dalarna Aktiebolag ("SBB"). Nordic Railway Construction AB, a wholly owned subsidiary of NRC Group, has today completed the acquisition of SBB. In connection with the acquisition, the board of directors of the Company has issued 561,604 new shares at a price per share of NOK 58 as partial consideration to the sellers of SBB pursuant to an authorization granted by the Company's extraordinary general meeting

    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.

    NRC GROUP ASA - APPOINTED TO A CONTRACT IN SWEDEN - SEK 86 MILLION

    The Swedish Transport Administration (Trafikverket) has appointed Segermo AB, a company wholly owned by NRC Group ASA, to a contract of track renewal on the railway connection between Karlstad C and Karlstad Östra in Sweden. The contract is valued at SEK 86 million, and will involve rail services such as groundwork, track, electro and signal/telecom. The work will commence in August 2017, and the project is scheduled for completion in October 2018. Closing date for submission of complaints is 10 days from today, and formal contractual signing can take place after this period at the

    NRC Group ASA acquires Alti Bygg og Anlegg AS

    NRC Group ASA ("NRC Group" or the "Company") has on 29 June 2017 agreed to acquire 100% of the construction company Alti Bygg og Anlegg AS ("Alti") for a total consideration of NOK 200 million in a combination of cash and NRC Group shares. In 2016, Alti had revenues of NOK 186.3 million and EBITDA result of NOK 27.3 million. It is expected that Alti will deliver revenues and results for 2017 in line with FY 2016. The purchase price is based on Alti having no debt and has had an average level of cash during the last six months of minimum NOK 35 million at closing, which implies an EV

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