Jacktel AS – First day of trading on Euronext Growth Oslo and publication of information document

25 Mar 2026 07:00 CET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN
AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S
REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES, OR ANY
OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL

Reference is made to previous announcements made by Jacktel AS (the "Company")
regarding the contemplated admission to trading of the Company's ordinary shares
on Euronext Growth Oslo (the "Listing").

The Company has prepared an information document solely for the purpose of the
Listing, which is attached to this announcement.

The first day of trading in the Company's ordinary shares on Euronext Growth
Oslo will be today, 25 March 2026. The Company's preference shares are not part
of the Listing.

Advisors

Pareto Securities AS (the "Manager") is acting as Euronext Growth Advisor in
connection with the Listing. Advokatfirmaet Schjødt AS is acting as legal
advisor to the Company.

Contacts

* Harald Thorstein, Chair of the Board, +44 7557 284548, ht@arkwright.uk

About the Company

Jacktel AS owns 100% of Haven. Haven has a unique market position within
offshore accommodation as the only harsh environment, Norwegian Continental
Shelf compliant, jack-up rig. It was built in 2011 and has high quality
accommodation capacity for up to 444 persons. Haven is positioned alongside the
host installation offering 100% uptime. It has extensive track record from
working with blue-chip clients in Norway and Denmark. The commercial and
technical manager is Macro Offshore Management.

Important notices

This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. The
distribution of this announcement and other information may be restricted by law
in certain jurisdictions. Copies of this announcement are not being made and may
not be distributed or sent into any jurisdiction in which such distribution
would be unlawful or would require registration or other measures. Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions.

Matters discussed in this announcement may constitute forward-looking
statements. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "believe", "expect", "anticipate",
"strategy", "intends", "estimate", "will", "may", "continue", "should" and
similar expressions. Any forward-looking statements in this release and/or
related documents are based upon various assumptions, many of which are based,
in turn, upon further assumptions. Although the Company believes that these
assumptions were reasonable when made, these assumptions are inherently subject
to significant known and unknown risks, uncertainties, contingencies and other
important factors which are difficult or impossible to predict and are beyond
its control.

Actual events may differ significantly from any anticipated development due to a
number of factors, including without limitation, changes in investment levels
and need for the Company's services, changes in the general economic, political
and market conditions in the markets in which the Company operate, the Company's
ability to attract, retain and motivate qualified personnel, changes in the
Company's ability to engage in commercially acceptable acquisitions and
strategic investments, and changes in laws and regulation and the potential
impact of legal proceedings and actions. Such risks, uncertainties,
contingencies and other important factors could cause actual events to differ
materially from the expectations expressed or implied in this release by such
forward-looking statements. The Company does not provide any guarantees that the
assumptions underlying the forward-looking statements in this announcement are
free from errors nor does it accept any responsibility for the future accuracy
of the opinions expressed in this announcement or any obligation to update or
revise the statements in this announcement to reflect subsequent events. You
should not place undue reliance on any forward-looking statements in this
announcement and/or related documents. The information, opinions and
forward-looking statements contained in this announcement speak only as at its
date, and are subject to change without notice. The Company does not undertake
any obligation to review, update, confirm, or to release publicly any revisions
to any forward-looking statements to reflect events that occur or circumstances
that arise in relation to the content of this announcement.

Neither the Manager nor any of its respective affiliates makes any
representation as to the accuracy or completeness of this announcement and none
of them accepts any responsibility for the contents of this announcement or any
matters referred to herein. This announcement is for information purposes only
and is not to be relied upon in substitution for the exercise of independent
judgment. It is not intended as investment advice and under no circumstances is
it to be used or considered as an offer to sell, or a solicitation of an offer
to buy any securities or a recommendation to buy or sell any securities in the
Company. Neither the Manager nor any of its respective affiliates accepts any
liability arising from the use of this announcement.

More information:
Access the news on Oslo Bors NewsWeb site

669229_Information Document - Jacktel AS - 24 March 2026.pdf