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April 20, 2023

For further information, please contact:

Investors and financial media

Stuart Jackson, CFO, ABL Group ASA
Telephone: +971 4 3793612

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

New share capital registered

Reference is made to the stock exchange notice from ABL Group ASA (“ABL Group” or the “Company”) on 18 April 2023 regarding the completion of the Company’s acquisition of 100 percent of the shares in AGR AS and the issuance of 18,166,667 ordinary ABL Group shares to the seller as part of the consideration thereof (the “Consideration Shares”).

The share capital increase pertaining to the issuance of the Consideration Shares has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

Following this, the Company’s registered share capital is NOK 12,293,652.90 divided on 122,936,529 shares each with a par value of NOK 0.10.