CondAlign AS: Contemplated private placement

CondAlign AS, a subsidiary of NTG with 50,2 % ownership announces a contemplated private placement of new preference shares in the company to raise minimum NOK 35,8 million and maximum NOK 45,8 million, including conversion of existing debt of NOK 25,8 million, which is pre-committed.

NTG has subscribed for NOK 17,3 million (incl. accumulated interest) in the private placement by convention of debt.

Please see attached Launch release from CondAlign AS.

Group CEO Rune Rinnan
Chair CondAlign AS
Mob. +47 900 56 028
rune.rinnan@ntechgroup.no
www.ntechgroup.no

CEO CondAlign AS
Harald Wahl Breivik
Mob. +47 976 33 815
harald.breivik@condalign.no
www.condalign.no