Titan Venture AS has today been allocated 42,965,294 shares in the rights issue
in Arribatec Group ASA. Titan Venture AS will also be granted 15,384,502
warrants in the company as consideration for its underwriting commitment.
Following the completion of the rights issue, Titan Venture AS will hold
46,018,340 shares and votes, representing 9.60% of the outstanding shares after
the completion of the rights offering. In addition, Titan Venture AS will hold
15,384,502 warrants, representing 3,21% of the outstanding shares after the
completion of the rights offering.
In total Titan Venture AS will hold 61,402,842 shares and rights to shares in
Arribatec Group ASA.
This disclosure is made pursuant to section 4-2 of the Norwegian Securities
Trading Act.