Oslo Børs VPS : Acquisition of 100% of the shares in Viking Redningstjeneste Topco AS by If P&C Insurance Holding Ltd – Competition approvals granted

Acquisition of 100% of the shares in Viking Redningstjeneste Topco AS by If P&C Insurance Holding Ltd - Competition approvals granted

Reference is made to the stock exchange notice published on 28 November 2019 regarding the acquisition of all the shares in Viking Redningstjeneste Topco AS by If P&C Insurance Holding Ltd (publ) (the 'Transaction'). The Transaction was subject to approval by competition authorities in Norway and Sweden. Such approvals have now been granted. Completion of the Transaction is expected to take place on or about 14 January 2020, thereby triggering a put option for the bondholders in accordance with the bond terms for VIKR01 and VIKR02. The company will revert with separate information regarding the put option once the Transaction has been completed. For further information, please contact: Hans Petter Semmelmann, Group CEO Telephone: [phone] Cautionary note: This stock exchange release contains certain forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty, as they reflect current expectations and assumptions as to future events and circumstances that may not prove accurate. A number of factors could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. This stock exchange release is not for distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. This stock exchange release does not constitute an offer for sale of securities in any jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the 'U.S. Securities Act'), and may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the U.S. Securities Act. This information is subject of the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.