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Axactor

Axactor

Axactor SE - Acceptances received under mandatory offer

08:33 / 23 February 2021 Axactor Press release

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH
SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Reference is made to the mandatory offer dated 29 January 2021 (the "Mandatory
Offer") to acquire all shares in Axactor SE (the "Company") at an offer price of
NOK 8.00 per share, made by Geveran Trading Co. Limited, a company indirectly
controlled by trusts established by Mr. John Fredriksen for the benefit of his
immediate family ("Geveran").

On 22 February 2021, Geveran received acceptances under the Mandatory Offer for
7,001 shares, corresponding to approximately 0.00254% of the total share capital
and voting rights in the Company. Following this, Geveran has received valid
acceptances for in total 205,464 shares under the Mandatory Offer, corresponding
to approximately 0.07461% of the total share capital and voting rights in the
Company. Subject to final results and due settlement of the shares for which
acceptances are received, Geveran will own 122,223,236 shares, representing
44.38% of the total share capital and voting rights in the Company.

Geveran is represented on the Board of Directors of the Company and, thus, is
considered a primary insider of the Company.

This notification has been submitted pursuant to section 4-2 of the Securities
Trading Act.
Oslo Børs

This information was distributed by Oslo Børs https://www.oslobors.no/