Havila Kystruten AS: Key information relating to subsequent offering to be carried out by Havila Kystruten AS

22 Dec 2022 08:00 CET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG 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 release by Havila Kystruten AS (the
"Company") on 21 December 2022 regarding completion of a private placement (the
"Private Placement") of new shares in the Company and that the Company is
considering a subsequent offering of up to 4,000,000 new shares at the same
subscription price as in the Private Placement (the "Subsequent Offering").

Date on which the terms and conditions of the Subsequent Offering were
announced:            21 December 2022
Last day including right:                                   21 December 2022
Ex-date:                                                              22
December 2022
Record date:                                                       23 December
2022
Maximum number of new shares:     4,000, 000 new shares
Subscription price:                              NOK 12.00 per share

Other information: The Subsequent Offering is subject to i) the resolution by
the Company's extraordinary general meeting, expected to be held on 29 December
2022, ii) the publication of a prospectus in appropriate form, and iii) the
prevailing market price of the Company's shares following the Private Placement.
The Board may decide that the Subsequent Offering will not be carried out in the
event that the Company's shares trade below the subscription price in the
Subsequent Offering at adequate volumes. The Subsequent Offering will not be
available for shareholders resident in a jurisdiction where such offering would
be unlawful, or for jurisdictions other than Norway, would require any filing,
registration or similar action.

This information is published in accordance with the requirements of the
Continuing Obligations, and published by Arne Johan Dale, CFO of Havila
Kystruten AS, on 22 December 2022 at 08:00 CET.

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