Reference is made to the notice from Nel ASA 28 November
2014.
Strata Marine & Offshore AS, a company controlled by Mr.
Øystein Stray Spetalen, board member of Nel ASA, have been
allocated 4 250 000 shares at NOK 1.30 per share in the
private placement.
After the transaction Øystein Stray Spetalen and associated
companies have a holding of 89 670 838 shares in Nel ASA,
representing 22.5% (based on 398 929 104 outstanding
shares).
***
Hanekamb Invest AS, a company controlled by Mr. Martin Nes,
Board member of Nel ASA, have been allocated 500 000 shares
at NOK 1.30 per share in the private placement.
After the transaction Martin Nes and associated companies
have a holding of 500 000 shares in Nel ASA, representing
0.13% (based on 398 929 104 outstanding shares).
***
Simonsen Invest AS, a company controlled by Mr. Bjørn
Simonsen, Director - Market Development and Public
Relations of Nel ASA, have been allocated 110 000 shares at
NOK 1.30 per share in the private placement.
After the transaction Bjørn Simonsen and associated
companies have a holding of 1 340 769 shares in Nel ASA,
representing 0.34% (based on 398 929 104 outstanding
shares).
***
LCS AS, a company controlled by Mr. Lars Christian
Stugaard, Acting CEO of Nel ASA, have been allocated 300
000 shares at NOK 1.30 per share in the private placement.
After the transaction Lars Christian Stugaard and
associated companies have a holding of 300 000 shares in
Nel ASA, representing 0.08% (based on 398 929 104
outstanding shares).
***
ELMO Holding AS, a company controlled by Mr. Lars Markus
Solheim, Mr. Erik Evju, Mr. Ole Arnt Lindgren and Mr. Magne
Myrhaug, all employees of Nel ASA, have been allocated 4
000 000 shares at NOK 1.30 per share in the private
placement.
After the transaction ELMO Holding AS have a holding of 59
384 615 shares in Nel ASA, representing 14.89% (based on
398 929 104 outstanding shares).