Reference is made to the announcement on 7 November 2016 by NRC Group ASA ("NRC Group" or the "Company") regarding the agreement for the Company's acquisition of Gravco AS and Septik Tank Co AS (together referred to as "Gravco"). NRC Civil AS, a wholly owned subsidiary of NRC Group, has today completed the acquisition of Gravco.
In connection with the acquisition, the board of directors of the Company has issued 441,988 shares as partly consideration to the seller of Gravco pursuant to an authorization granted by the Company's extraordinary general meeting on 12 May 2016. The share capital increase pertaining to the share issuance has been registered with the Norwegian Register of Business Enterprises and the Company's share capital is now NOK 38,753,350.00 divided into 38,753,350 shares, each with a nominal value of NOK 1.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
+47 91 74 15 92henning.olsen[at]nrcgroup.com