Reference is made to the announcement by Dwellop AS on 29 June 2020 pertaining to the annual general meeting at which it was resolved to carry out a consolidation (reverse split) of the company's shares in the ratio of 1000:1.

The key dates for the reverse share split are set out below: 

Date on which the corporate action was made public: 	Monday, 22 June 2020
Reverse split ratio: 	1,000 old shares give 1 new share
Last day of trading of unconsolidated shares: 	Friday, 3 July 2020
Ex-date/First day of trading of consolidated shares: 	Monday, 6 July 2020
VPS Record date: 	Tuesday, 7 July 2020
Date of approval: 	Monday, 29 June 2020

The number of consolidated shares issued to each shareholder listed in the VPS on the record date will be rounded down to the nearest whole number. The surplus shares will be sold over the NOTC, and the proceeds will be donated to charity. For further details, please refer to the notice of the annual general meeting dated 22 June 2020.

* * *
For further information, please contact:
Helge Hustoft, Chief Executive Officer
Phone: +47 51 57 29 12
Mobile: +47 91 57 58 76
E-mail: helge.hustoft@dwellop.no 

This information is published in accordance with the disclosure requirements set out in the Continuing Obligations for companies with shares registered on the NOTC-List.