4 July 2023: Mintra Holding AS (OSE:MNTR) ("Mintra" or the "Company") announces
that it has entered into a definite Sale and Purchase Agreement (the "SPA") with
the owners of the Swedish company Seably AB (the "Target") to purchase 100% of
the Target's outstanding shares (the "Acquisition"). 

Mintra, a leading provider of digital learning and Human Capital Management
solutions for the Maritime and Energy industries, today announces it has agreed
to acquire Seably, a community driven digital learning marketplace for maritime
professionals and WellAtSea, a maritime wellness platform encouraging
sustainable lifestyle changes for seafarers. The acquisition highlights Mintra's
accelerated growth in the global maritime sector and is the next step in the
strategic goal of rapid market share increase. 

The purchase price for the Acquisition is based on an enterprise value of
approximately SEK 79.7 million and an equity value of SEK 65 million. The
purchase price for the Acquisition will be financed as follows: (i)
Approximately NOK 3.81 million by issuing approximately 1.27 million
consideration shares in the Company at a subscription price equal to NOK 3.00
(the "Consideration Shares"), and (ii) the remaining amount from existing
financing facilities and cash from the Company's balance sheet. 

The Consideration Shares are expected to be issued by the Company's board of
directors (pursuant to the existing board authorization to issue shares granted
by the Company's general meeting on 21 June 2023) in connection with the closing
of the Acquisition. If the Consideration Shares are not issued by 31 October
2023, the Company is obliged to pay the amount in cash. Formal closing of the
Acquisition is expected to take place ultimo August/primo September 2023.

Advisors

Advokatfirmaet BAHR AS is acting as legal advisor to the Company and Deloitte as
financial and tax due diligence advisor.

For further information please contact:

Kevin Short, CEO, Mintra 		+44 1224 651340
Jostein R. Hufthammer, CFO, Mintra 	+47 55 98 63 00

About Mintra

Mintra is the provider of global solutions for digital learning, competence and
workforce management, primarily for energy, maritime and safety-critical
industries. Mintra's portfolio of digital products includes workforce planning,
training and skills management. More than 4,000 enterprises trust the company to
improve security, increase efficiency and reduce costs. Mintra is an employer of
choice and its global team prides itself on the culture of collaboration and
exploration to enable the delivery of innovation to its customers. Mintra is
headquartered in Bergen, Norway, with offices and operations to support the
delivery of on- and offline services to its global customers 24/7.


This information is considered to be inside information pursuant to the EU
Market Abuse Regulation ("MAR"), and is subject to the disclosure requirements
pursuant to MAR article 17 and Section 5-12 the Norwegian Securities Trading
Act.