On 1 March 2016, Sora AS has purchased 40,000 shares in NRC Group ASA at a price of NOK 33.80 per share in accordance with the terms of the forward contract entered into on 9 September 2015. Furthermore, Sora AS has entered into a new forward contract to purchase 40,000 shares in NRC Group ASA at a price of NOK 34.30 per share. The term of the forward contract expires on 19. August 2016. At the same time, Sora AS sold 40,000 shares in NRC Group ASA to the counterparty in the forward contract, at a price of NOK 33.80 per share. Sora AS is wholly owned by Alfred Beck, who is the managing director of NRC Rail Group AS.
Following these transactions, Sora AS owns 385,000 shares in NRC Group ASA, representing approximately 1.10% of the outstanding shares and votes in the company. Inclusive of the shares comprised by the forward contract, Sora AS' number of shares and votes are unchanged.
This notification is made with reference to Sections 4-2 and 4-4 of the Norwegian Securities Trading Act.
+47 91 74 15 92henning.olsen[at]nrcgroup.com