Apr 15, 2020

NRC Group ASA - Shares purchased by primary insiders in 2020 Employee Share Program

The following primary insiders in NRC Group ASA (the "Company") has today applied to purchase shares in the Company in connection with the ongoing 2020 share program for employees in the Company and its subsidiaries in Norway, Sweden and Finland (the "Program"), in which employees have been offered the opportunity to purchase shares at a 20% discount for a total amount of either NOK 12,000, NOK 20,000 or NOK 32,000:

CEO, Henning Olsen, has applied to purchase shares in the Program for NOK 32,000. Prior to purchase of shares in the Program, Mr. Olsen owns 41,514 shares and 10,000 share options in the Company.

CFO, Dag Fladby, has applied to purchase shares in the Program for NOK 32,000. Prior to purchase of shares in the Program, Mr. Fladby owns 49,400 shares and 82,500 share options in the Company.

MD of NRC Norge, Hans Olav Storkås, has applied to purchase shares in the Program for NOK 32,000. Prior to purchase of shares in the Program, Mr. Storkås owns 22,170 shares and 45,000 share options in the Company.

MD of NRC Finland, Harri Lukkarinen, has applied to purchase shares in the Program for NOK 32,000. Prior to purchase of shares in the Program, Mr. Lukkarinen owns 4,170 shares and 7,500 share options in the Company.

Legal Counsel, Alfred Beck, has applied to purchase shares in the Program for NOK 32,000. Prior to purchase of shares in the Program, Mr. Beck owns 0 shares and 82,500 share options in the Company.

Head of Finance, Rolf Berge, has applied to purchase shares in the Program for NOK 32,000. Prior to purchase of shares in the Program, Mr. Berge owns 27,371 shares and 0 share options in the Company.

The purchase price per share before the discount will be equal to the Company’s share price at close of trade on the Oslo Stock Exchange on the last trading day prior to delivery of the shares. The purchase price per share and allocation of shares under the Program, including the number of shares purchased by the primary insiders and their updated shareholdings, will be announced at the date of completion and delivery of shares in the Program, which is aimed to take place in May 2020.

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

Contact us

Henning Olsen

Henning Olsen

CEO

+47 91 74 15 92

henning.olsen[at]nrcgroup.com

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