Veidekke ASA – New share capital registered

Veidekke ASA – New share capital registered

19.12.2019 - 16:06

Reference is made to the previous announcements by Veidekke ASA (the "Company") regarding the share issue directed towards the employees in the Veidekke Group, where it was issued 1,251,325 new shares in the Company. The share capital increase pertaining to the directed share issue has now been registered in the Norwegian Register of Business Enterprises (Foretaksregisteret). The Company's new share capital is NOK 67,478,133.5 divided into 134,956,267 shares, each with a nominal value of NOK 0.5. The new shares issued in the share issue directed towards employees are expected to be registered on the respective subscribers' VPS accounts on or about 20 December 2019.

For more information, please contact:

Finance Director Jørgen G. Michelet, tel. +47 917 43 856, jorgen.michelet@veidekke.no

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

Veidekke is one of Scandinavia's largest construction and property development companies. The company undertakes all types of building construction and civil engineering contracts, develops residential projects, maintains roads, and produces asphalt and aggregates. The company is known for its involvement and local knowledge. Its annual turnover is approximately NOK 36 billion, and half of its 8,600 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has always posted a profit since it was founded in 1936.