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Oslo, Norway - 28 January 2021

AXACTOR ANNOUNCES REGISTRATION OF SHARE CAPITAL INCREASE

Reference is made to (i) the stock exchange announcements by Axactor SE (OSE:
ACR) ("Axactor") on 9 December 2020 regarding a private placement of 40,000,000
new shares (the "Private Placement Shares"), and the issuance of 50,000,000 new
shares (the "Consideration Shares") to Geveran Trading Co Ltd. ("Geveran") as
consideration for the company's acquisition of 50% of the equity interest in
Axactor Invest 1 S.á r.l. from Geveran and its affiliates, and (ii) the stock
exchange announcement on 5 January 2021 regarding a completed extraordinary
general meeting of the company.

The private placement shares have been tradable since 7 January 2021 through a
share lending agreement.

The share capital increase pertaining to Private Placement Shares and the
Consideration Shares, each with a nominal value of EUR 0.523423187712375, has
now been registered in the Norwegian Register of Business Enterprises, and the
Company's share capital has been increased with EUR 47,108,086.89411374. 

Following registration of the share capital increase, the Company has an issued
share capital of EUR 144,148,371.64840874, divided into 275,395,464 shares, each
with a par value of EUR 0.523423187712375.


For further information, please contact:

Kyrre Svae
Interim CFO | Chief of Strategy & IR
kyrre.svae@axactor.com
(+47) 478 39 405

Click here for more information

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