NRC Group ASA - Appointed to a contract in Sweden - SEK 100 million

The Swedish Transport Administration has appointed NRC Sverige AB, a company wholly owned by NRC Group ASA, to a contract of track renewal on the railway connection between Avesta and Hedemora in Sweden.

The contract is valued at approximately SEK 100 million, and will involve rail services such as groundwork, track, electro and signal/telecom. The work will commence in March 2020, and the main part of the project will be executed in the second half of 2020.

Closing date for submission of complaints is 10 days from today, and formal contractual signing can take place after this period at the earliest.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

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