ININ Group AS: Completes the initial tranche of the divestment of Qben Rail

20 Nov 2025 11:46 CET

20 November 2025: ININ Group AS has completed the divestment of 19.5% of the
shares in Nordic Infrastructure Group AS for a cash consideration of apporx. NOK
131 million.

Reference is made to the stock exchange announcement dated 13 May, 16 July and
15 October regarding the transaction.

The second tranche, where ININ Group AS, Qben Infra AB and the minority sellers
will sell the remaining 80.5% of the shares is expected to take place in the
first half of January 2026.

ININ Group AS is listed on Euronext Growth Oslo. The company’s majority
shareholder, Qben Infra AB, is listed on Nasdaq First North Premier Growth
Market in Stockholm, Sweden.

(ENDS)

For further information, please contact:
Øivind Horpestad, board member, Qben Infra, tel: +47 910 00 626

About ININ Group AS

ININ Group is a listed investment company operating as an industrial owner with
investments in companies within infrastructure and industry services niches in
the Nordics. The group creates value by identifying investment opportunities
within profitable niches with potential for development, consolidation and
growth, working in collaboration with the platform companies to deliver
sustainable growth and superior profitability. For more information, please
visit: www.inin.no

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