14 December 2023 - Inin Group AS ("Inin") has mandated Pareto Securities AS to
arrange a series of fixed income investor meetings commencing 14 December 2023.
A NOK 200 million senior secured 3-year floating rate bond issue may follow,
subject to inter alia market conditions. Net proceeds from the potential bond
issue will be employed towards current and future M&A payments, partially
repayment of existing RCF and general corporate purposes.

Inin recently released a group financial update: - Based on pro forma adjusted
historical financial figures, the combined group is expected to reach NOK ~1.35
billion in revenue for 2023 on a pro forma basis, up from pro forma NOK ~1.1
billion in 2022 (+24%) - Pro forma  EBITDA is expected to grow from NOK 25.1
million 2022 to approx. NOK 115 million in 2023 - EBITDA growth is driven by
strong performance in the rail infrastructure segment, realization of group
synergies and successful implementation of several cost reduction initiatives -
Based on continued improvement in profitability and following the transaction,
the Company expects the net leverage ratio to be below 3x on 2023 FY pro forma
numbers. The purpose of the pro forma IFRS adjusted financials for Inin is to
show the IFRS reported financials as one group from a historical perspective.


For further information contact: 
Øivind Horpestad, CEO of Inin Group
Telephone: +47 910 00 626
E-mail: oivind@inin.no

This information is considered to be inside information pursuant to Regulation
EU 596/2014 (MAR) and is subject to the disclosure requirements pursuant to MAR
article 17 and section 5-12 of the Norwegian Securities Trading Act. The
information was submitted for publication by Kristina Haugland, ININ Group AS,
on 14 December 2023 at 08:00.