Completion of Share Capital Increase

Oslo, 25 September 2017 - Reference is made to the stock exchange notices by Multiconsult ASA earlier today and on 30 August 2017 concerning the acquisition of the Hjellnes Group and the issuance of 721,194 new shares as part of the transaction settlement, each with a nominal value of NOK 0.50.

27. September 2017

Multiconsult ASA has today completed the acquisition of Hjellnes Consult AS and Johs Holt AS.

The share capital increase resolved by the Board of Directors on 30 August 2017, has now been registered in the Norwegian Register of Business Enterprises, and the capital increase has thus been completed.

After the issuance of the new shares the share capital of Multiconsult ASA is NOK 13 485 197 divided into 26 970 394 shares, each with a nominal value of NOK 0.50.

The resolution was passed pursuant to the authority granted at the annual general meeting of Multiconsult ASA on 11 May 2017.


For further information, please contact:

Investor relations:

      Mirza Koristovic, Head of Investor Relations

      Phone: +47 93 87 05 25

      E-mail: ir@multiconsult.no

Media:

      Gaute Christensen, VP Communications

      Phone: +47 911 70 188

      E-mail: gaute.christensen@multiconsult.no

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