On 24 January 2025, Qben Infra AB ("Qben Infra", the "Company") announced its
intention to acquire the remaining shares in ININ Group AS ("ININ Group")
through a voluntary share exchange offer directed to all shareholders of ININ
Group. Qben Infra has today decided to limit the offer to a group of already
contacted shareholders of ININ Group. The share exchange ratio will, however, be
the same as in Qben Infra's previous share exchange offers to ININ Group
shareholders. 

The Board of Directors of Qben Infra has decided, after careful consideration,
in particular with regard to the transaction costs and resources required to
implement the offer as previously intended, including the preparation of a
prospectus, to limit the offer to a group of ININ Group shareholders who have
already been contacted by the Company. This direct approach allows Qben Infra to
increase its shareholding in ININ Group in a more cost-effective manner. Once
completed, the directed share exchange transaction will be announced by way of a
separate press release.


For further information, please contact:

Qben Infra
Peter Follin, Chairman of the board of directors
Email: peter.follin@performus.se

About Qben Infra

Qben Infra invests in and develops companies within infrastructure services in
the Nordics. The company operates in niche markets driven by strong growth
trends, substantial government investments, and opportunities for consolidation
and strong expansion - such as rail and power grids. The strategy includes
driving organic growth, reinforced by selective M&A and synergy realization. For
more information, visit qben.se.