30.1.2024 17:17:34 CET | Aqua Bio Technology ASA | Additional regulated
information required to be disclosed under the laws of a member state

Reference is made to the stock exchange notices from Aqua Bio Technology ASA
(the "Company") on 30 January 2024 regarding the completion of a private
placement raising gross proceeds of approximately NOK 12.46 million.

The following close associates of primary insiders and primary insiders of the
Company have been allocated shares in the private placement:

 * RH Industri AS, a close associate of board member Roger Hofseth, has been
   allocated 300,000 shares;
 * Swelandia International AB, a close associate of board member Jan Petterson,
   has been allocated 50,000 shares; and
 * Per Egil Borge, chairman of wholly owned subsidiary of the Company Skinteam
   Norge AS, has been allocated 78,000 shares.

Please see the attached forms in accordance with article 19 of the Market Abuse
Regulation.

Viddas AS has been allocated a total of 1,000,000 shares in the private
placement. Following completion of the private placement, Viddas AS and close
associates will own a total of 3,073,945 shares in the Company, representing
5.32% of the outstanding shares and voting rights in the Company, and has
thereby exceeded the 5% threshold pursuant to section 4-2 of the Norwegian
Securities Trading Act.

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 and sections 4-2 and 5-12 of the Norwegian Securities
Trading Act.

 

DISCLOSURE REGULATION

This information is subject of the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Håvard Lindstrøm, 004794132288, hl@aquabiotech.no 

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/2878/4011/Download%20announcement
%20as%20PDF.pdf

PDMR notification form RH Industri AS.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/2878/4008/PDMR%20notification%20f
orm%20RH%20Industri%20AS.pdf

PDMR notification form Swelandia International AB.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/2878/4009/PDMR%20notification%20f
orm%20Swelandia%20International%20AB.pdf

PDMR notification form Per Egil Borge.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/2878/4010/PDMR%20notification%20f
orm%20Per%20Egil%20Borge.pdf

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© Oslo Bors ASA, source Oslo Stock Exchange