Hofseth Biocare ASA: KEY INFORMATION RELATING TO THE REPAIR ISSUE


Reference is made to the announcement by Hofseth Biocare ASA on 24 July 2019 regarding the completion of a private placement with gross proceeds of up to NOK 118 million (the "Private Placement") and a contemplated repair issue (the "Repair Issue").

Date on which the terms of the Repair Issue was announced: 24 July 2019 (final terms of the Repair Issue to be determined and announced after completion of the Private Placement)
Last day including right to receive subscription rights: 24 July 2019
First day excluding right to receive subscription rights: 25 July 2019
Record date: 26 July 2019
EGM date: Expected to be held in the middle of August 2019
Maximum number of new shares: To be determined after completion of the Private Placement
Subscription price: NOK 4
Shall the rights be listed: No

The Repair Issue is conditional upon (i) completion of the Private Placement, and (ii) approval of the share capital increase pertaining to the Repair Issue by the extraordinary general meeting, expected to be held in the middle of August 2019.

This information is published in accordance with the requirements of the Continuing Obligations.