Hunter Group ASA (OB:HUNT) entered into an agreement to spin-off Dwellop AS on March 29, 2018. Under the terms of the agreement, the shares in Dwellop AS will be distributed to the shareholders of Hunter Group ASA. If Hunter Group ASA does not have sufficient distributable reserves, the distribution will be accomplished by way of a share capital reduction or demerger. The distrbution ratio will be 1 share in Dwellop per share in the Hunter Group ASA's declared currency. NOK 10 million in cash shall be contributed to Dwellop AS prior to the spin-off. Dwellop AS shall be listed on Merkur Market or on another market place. The transaction is subject to approval by shareholders of Hunter Group ASA. As on May 9, 2018, the deal got the approval of shareholders of Hunter Group ASA. The record date is May 23, 2018. The shares in Hunter Group ASA will trade ex PIK dividend as from today, 22 May 2018. The expected date for distribution is May 30, 2018.

Hunter Group ASA (OB:HUNT) completed the spin-off Dwellop AS for NOK 72.2 million on May 30, 2018. The record date was May 18, 2018. 206.2 million shares in Dwellop were distributed.