ABL Group ASA - Exercise of warrants

As part of the consideration under the agreement from 2020 where ABL Group ASA
(the "Company")
acquired 100 percent of the shares in LOC Group, the Company issued warrants at
its Extraordinary General Meeting held 14 December 2020, giving certain funds
managed by Bridgepoint Advisers II Limited the right to subscribe for new shares
in the Company, subject to certain exercise conditions. In line with the
exercise conditions, Bridgepoint has exercised its last 1 million warrants, so
that the
remaining number of warrants is zero. The 1 million new shares subscribed
for at a subscription price of NOK 0.10 per share, will be submitted for
registration in the Norwegian Register of Business Enterprises as soon as
possible.

***
For further information, please contact:

Investors and financial media:
Stuart Jackson, Chief Financial Officer, email: [e-mail]

About ABL Group
ABL Group (OSE: ABL Group ASA - ticker code "ABL") is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 41 countries worldwide and operates under four
main brands: ABL, OWC, Longitude and AGR.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange