Mercell Holding AS (the "Company") has a general share option scheme, whereby
share options in the Company are granted to certain employees.
 
The Company has received notice from a former employee of exercise of 110 670
share options at an exercise price of NOK 1.50. The Board of Directors has
therefore today resolved a share capital increase of NOK 22 134 through issuance
of 110 670 new shares in order to satisfy the Company's obligation to deliver
shares following exercise of share options. The new shares have been issued
based on an authorization to increase the share capital granted to the Board of
Directors on 16 April 2020.
 
Following completion of the share issuance, the share capital of the Company
will be NOK 57 958 464.60 divided by 289 792 323 shares, each with a par value
of NOK 0.20.
 
For additional information, please contact:
 
Fredrik Eeg, Chief Financial Officer
+47 908 33 378

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