NRC Group ASA - Appointed to a contract in Norway - NOK 39 million

Bane NOR has appointed NRC Bane AS, a company wholly owned by NRC Group ASA, to a power supply system contract on the railway connection between Alna and Etterstad.

The contract is valued at approximately NOK 39 million and will involve rail services such as electro and groundwork.

The work will commence in May 2020, and the project is scheduled for completion in January 2021.

Closing date for submission of complaints is 10 days from today, and formal contractual signing can take place after this period at the earliest.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

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