BLO: Mandatory notification of trade and disclosure in Blom ASA

On 22 April 2015, Urbex Invest AS sold 1,100,000 shares in 
Blom ASA at a price of NOK 9.50 per share. 

Kristian G. Lundkvist, who is a member of the board of 
directors of Blom ASA, is (indirectly) the majority 
shareholder of Urbex Invest AS, through the companies 
Middelborg AS and Merckx AS.

1,000,000 of the shares were sold to Cosimo AS, a company 
owned by Trygve Bruland, who is chairman of the board of 
directors of Blom ASA. 100,000 of the shares were sold to 
Raknes Holding AS, a company owned by Jonatan Raknes, who 
is a key employee in Middelborg AS.

Following these trades, Urbex AS owns 6,356,517 shares in 
Blom ASA, representing approximately 63.12 % of the total 
shares and votes in the company. 

Following completion of the contemplated share issue in 
connection with the acquisition of Team Bane, Urbex Invest 
AS' stake of the shares and votes in the Blom ASA is 
expected to decrease to approximately 32.19%.

In connection with the sale of shares to Raknes Holding 
AS, Urbex Invest AS has granted Raknes Holding AS an 
option to purchase up to 126,000 shares in Blom ASA at a 
price of NOK 9.50 per share.

This notification is made with reference to Sections 4-2 
to 4-4 of the Norwegian Securities Trading Act.