Mercell Holding: Mandatory notification of trade by close associates of primary insiders

Oslo, 7 June 2021: Reference is made to Mercell Holding ASA's (the "Company") stock exchange announcement published today, on 7 June 2021, regarding the registration of the share capital increase pertaining to the 46,242,775 new shares in the Company issued in a private placement completed on 1 June 2021 with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). As set out in the Company's stock exchange announcement on 1 June 2021, regarding the successful completion of the private placement, the offer shares in the private placement were settled with existing and unencumbered shares in the Company that were already listed on Euronext Growth, pursuant to a share lending agreement between the Company, Viking Venture 16 AS and Viking Venture 16B AS as share lenders and ABG Sundal Collier ASA (on behalf of the managers in the private placement). ABG Sundal Collier ASA (on behalf of the managers in the private placement) has today settled the share loan with Viking Venture 16 AS and Viking Venture 16B AS, by redelivery of 20,858,245 shares in the Company to Viking Venture 16 AS and 25,384,530 shares in the Company to Viking Venture 16B AS. Please refer to the attached notifications of trading for further details. For additional information, please contact: Fredrik Eeg, CFO Mobile phone: +47 908 33 378 Email: freg@mercell.com