11.1.2021 23:44:27 CET | Nekkar ASA | Additional regulated information required
to be disclosed under the laws of a member state

We refer to stock exchange notice 31.07.19 regarding completion of the asset
sale agreement with MacGregor, a subsidiary of Cargotec Oyj. We also refer to
stock exchange notice 18.11.19, where we informed that MacGregor was challenging
the calculation of the purchase price and claimed a downward purchase price
adjustment of approximately MNOK 240 compared to the amount presented by Nekkar
at completion. The parties have now reached a global settlement, resulting in a
net total payment of MNOK 94 from Nekkar to MacGregor, which comprises of
payment of disputed items and previously withheld amount. The payment includes
final agreement regarding calculation of the purchase price as well as full and
final settlement and release from warranties and obligations under the asset
sale agreement.



DISCLAIMER

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

CONTACTS

 * Preben Liltved, CEO, +47 480 62 691, IR@Nekkar.com

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