Jun 02, 2015

NRC GROUP - CLOSING OF ACQUISITION OF SVENSK JÄRNVÄGSTEKNIK AB

Reference is made to the announcement made on 7 May 2015 regarding NRC Group ASA's acquisition of Svensk Järnvägsteknik AB. Closing of the transaction has now taken place.
The cash portion of the purchase price has been settled and the consideration shares are expected to be delivered to the former shareholders of Svensk Järnvägsteknik AB on or about 3 June 2015. The new shares will be placed on a separate ISIN and not be listed on Oslo Børs until an information memorandum has been published in accordance with applicable securities legislation. As a consequence of the board of directors' resolution to issue the consideration shares, the share capital of the company will be increased by NOK 2,891,139 to NOK 22,635,985 through issuance of 2,891,139 new shares.

Contact us

Henning Olsen

Henning Olsen

CEO

+47 91 74 15 92

henning.olsen[at]nrcgroup.com

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