Peter Tschulik, business unit director ITS and primary insider of NORBIT ASA has on 25 March 2020 purchased 16,600 shares in NORBIT at a price of NOK 15.00 per share.

Following the transaction, Tschulik owns 186,700 shares, representing approximately 0.33 per cent of the outstanding shares in NORBIT.

For more information, please contact:
Charlotte Knudsen, IR and Communications, +47 9756 1959

About NORBIT ASA
NORBIT is a global provider of tailored technology to carefully selected niches. The company’s business is structured to address its key markets; Oceans, targeting the global maritime markets, Intelligent Traffic Systems (ITS), offering connectivity solutions for truck applications, and Product Innovation and Realization (PIR), with in-house multidisciplinary R&D and manufacturing.

NORBIT is headquartered in Trondheim, Norway, with manufacturing facilities in Selbu and Røros, Norway and 12 offices and subsidiaries around the world.

For more information: www.norbit.com

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