Sale of own shares - employee program

Havyard Group ASA has today sold 37,308 of its own shares at a price of NOK 12.60, in connection with the share purchase program for employees. The price is set according to the closing price per 09.08.2018. Each employee could subscribe for maximum value of NOK 30,000 and get a 15% discount. After the sale Havyard Group ASA owns 55,159 of its own shares. The shares will be transferred to each employee's VPS account approx. 10th of August 2018.

Following primary insiders were participating in the program;

Pål Aurvåg(CFO)
- 2381 shares, holding after transaction 7381

Frank-Levi Kvalsund (VP HR&QHSE)
- 2381 shares, holding after transaction 6037

Gunnar Larsen (VP Business Development)
- 2381 shares, holding after transaction 2733