FJORDKRAFT HOLDING ASA - NEW SHARE CAPITAL REGISTERED 

Reference is made to the announcement made by Fjordkraft Holding ASA (the
"Company" or "Fjordkraft") on 22 September 2020, regarding the Company`s
completion of the acquisition of 100% of the shares in Innlandskraft AS, and the
issuance of 9,695,584 new shares in the Company as consideration to Gudbrandsdal
Energi Holding AS ("GEH") for 50% of the purchase price for Innlandskraft. 

The share capital increase related to the issuance of shares to GEH has today
been registered with the Norwegian Register of Business Enterprises. The
Company`s new share capital is NOK 34,284,540 divided into 114,281,800 shares,
each with a nominal value of NOK 0.30. 

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

For queries, please contact:
Morten A. W. Opdal, Head of Controlling and Investor Relations, +47 970 62 526

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange