Reference is made to the stock exchange announcement by M Vest Water AS (the
"Company") on 23 April 2024 regarding the successfully placed private placement
of 2,500,000 new shares in the Company, each at a subscription price of NOK 8.00
(the "Offer Price") (the "Private Placement"). Further, reference is made to the
stock exchange announcement published by the Company 25 April 2024 regarding the
share lending agreement between M Vest Invest AS and Fearnleys Securities AS
(the "Manager"), pursuant to which the Manager borrowed 2,049,668 shares in the
Company held by M Vest Invest AS (the "Shares") for settlement purposes in the
Private Placement. 

Following the registration of the share capital increase as announced earlier
today, 8 May 2024, the shares pertaining to the Private Placement have been
issued, and the Manager has delivered the borrowed Shares back to M Vest Invest
AS. 

Thereby, M Vest Invest AS, a closely associated company to Tor Olav Gabrielsen,
the chairperson of the Company's board of directors, today, 8 May 2024, received
the 2,049,668 Shares borrowed by the Manager. As a result, M Vest Invest AS now
holds 11,062,216 shares in the Company.

Please refer to the attached notifications of trading for further details. 


About M Vest Water AS:
M Vest Water is an environmental technology company which has developed unique
products and solutions to the water treatment industry, both Industrial as well
as the Municipal markets. The products are non-toxic, biodegradable and without
any harm to the environment. It obtains the highest degree of purification in a
cost-efficient arrangement. M Vest Water is listed on Euronext Growth under the
ticker MVW. For more information, visit www.mvestwater.com. 
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and article 19 of the EU 596/2014
Market A