Reference is made to stock exchange notices of 12 and 13 September 2019 regarding share options exercised by primary insiders.

Four persons have exercised a total of 610.000 options, each giving the right to one share in Nekkar ASA. In order to settle its obligations to deliver the shares, Nekkar ASA has increased the share capital.

The new share capital in Nekkar ASA of NOK 11.618.208,58 divided into 105.620.078 shares, has today been registered in the Norwegian Registry of Business Enterprises.

Bergen, 17 September 2019

Nekkar ASA

Contact persons:

Toril Eidesvik
M: +47 900 78 218

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