Reference is made to the stock exchange notice from Fjordkraft Holding ASA
("Fjordkraft") on 22 September 2020 regarding the acquisition of 100% of the
shares in Innlandskraft AS ("Innlandskraft") from Gudbrandsdal Energi Holding AS
("GEH") and Eidsiva Energi AS.

In connection with the settlement of 50% of the purchase price of Innlandskraft,
Fjordkraft will issue 9,695,584 shares in Fjordkraft to GEH. Following receipt
of the new shares, GEH will own a total of 9,695,584 shares in the Company,
equal to 8.48 % of the outstanding shares and voting rights in Fjordkraft.

This information is subject to the disclosure requirements pursuant to Section
4-3 the Norwegian Securities Trading Act

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange