27 October 2016

Notice of Extraordinary General Meeting 17 November 2016

Notice is hereby given of an extraordinary general meeting of Bergen Group ASA to be held on Thursday 17 November 2016.

The EGM will be held at the offices of Advokatfirmaet Harris DA, Dreggsallmenningen 10/12, 5835 Bergen, Norway at hrs 16.30 local time.

The Company is now in the process of concluding negotiations with creditors and capital sources on a refinancing solution. As a part of this, the board of directors in Bergen Group ASA proposes that the general meeting passes relevant resolutions related to

  1. execute a share capital increase by a private placement with gross proceeds of approx. NOK 22,070,000; and

  2. grant the board of directors authorization to raise a convertible loan of up to EUR 1,800,000; and

  3. carry out a repair offering with gross proceeds of up to NOK 5,282,083

Reference is made to the enclosed Notice with Appendix for further details. Reference is also made to a separate stock exchange message titled “Bergen Group ASA in process of finalizing the refinancing process”, distributed today 27 November 2016.

The Notice is distributed by post to all registered shareholders of Bergen Group ASA as per 26 October 2016 with a known address. The Notice is also available for downloading here.

Contact person;
Hans Petter Eikeland, CEO in Bergen Group ASA, phone +47 932 08 177