LUMI GRUPPEN AS: New share capital registered

21 Mar 2023 16:14 CET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES
OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange notice from Lumi Gruppen AS ("Lumi
Gruppen" or the "Company") on 7 March 2023 regarding the successful completion
of a private placement of 16,666,667 new shares in the Company (the “Offer
Shares”) at a subscription price of NOK 10.50 per Offer Share.

The share capital increase pertaining to the issuance of the Offer Shares has
today been registered with the Norwegian Register of Business Enterprises (Nw.
Foretaksregisteret).
Following this, the Company's registered share capital is NOK 22,201,402.02
divided into 52,860,481 shares, each with a nominal value of NOK 0.42.

For more information, please contact:

Martin Prytz
CFO, Lumi Gruppen AS
Tel: +47 480 14 078
Email: IR@lumigruppen.no

About Lumi: Lumi Gruppen is a leading Norwegian education provider founded in
1989. Today, Lumi Gruppen consists of two main divisions: Sonans and Oslo Nye
Høyskole. Sonans is the market leader in Norway within private candidate exam
preparation courses, and Oslo Nye Høyskole offers high quality bachelor’s
degrees within health, social sciences, psychology and business and
administration, both on campus and online.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and the EU Market Abuse Regulation
(MAR).

More information:
Access the news on Oslo Bors NewsWeb site