Arribatec Solutions ASA: registration of share capital reduction and issue of
consideration shares 

Reference is made to announcement by Arribatec Solutions ASA (the " Company") of
28 September 2020, concerning successful completion of a share exchange
agreement. 

Reference is also made to the resolutions by the extraordinary general meeting
of the Company of 5 October and 20 November 2020, where the Company resolved (i)
a share capital reduction (the "Share Capital Reduction") through reduction of
the par value of a Company share from NOK 1 to NOK 0.28 as well as (ii) the
issue of 235,819,574 new shares (the "Consideration Shares") of the Company,
each of par value NOK 0.28, to selling shareholders of Arribatec AS, each
Consideration Share issued at a price of NOK 0.94 per share.

The Share Capital Reduction and the Consideration Shares are now registered in
the Register of Business Enterprises. The share capital of the Company is NOK
91,203,932.68 divided between 325,728,331 shares, each of NOK 0.28 par value. 

The shares of the Company trade exclusive of right to the Share Capital
Reduction from tomorrow, 24 November 2020. 

For further information, please contact: 

Ranveig Strand - interim CFO, 
Tel.: +47 405 10 727 

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