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2015-04-20

Aqualis ASA : Share purchase scheme for staff

20 April 2015 - Aqualis ASA is offering employees and exclusive contractors
the opportunity to buy shares in Aqualis ASA through a newly established
share scheme.

The share scheme allows eligible employees, and contractors who are working
exclusively with Aqualis, to subscribe for an annual Restricted Share Award
for a minimum price of NOK 10 000 and a maximum price of NOK 50 000 while the
share scheme is in operation.

Additionally, employees of Aqualis ASA may be offered shares under a separate
Performance Award. The maximum number of shares which can be offered to an
employee annually under a Performance Award ranges from 500 to 10 000,
depending on the employee's job grade at the time of the offer.

All shares purchased under the share scheme are subject to a lock-up period of
two years from the day the shares are transferred to the scheme participants'
VPS accounts. Under the scheme, participants will normally be offered a
discount of 20 percent to the average market price. Offers under the scheme
will be made once a year, ordinarily at the beginning of May; however, in
2015 offers will be made in June.

The scheme aims to recognize that the services of staff are important to the
development, growth and success of both Aqualis and its customers, and
ultimately contribute towards creating shareholder value.

Shares to be issued under the scheme may be made available from authorized but
unissued shares, treasury shares or shares purchased by Aqualis ASA on the
open market or otherwise. Implementation of the scheme is subject to approval
of an increased share authorization for the scheme at the upcoming Annual
General Meeting in May.

ENDS

For further information, please contact:

Investors

Christian Opsahl, CFO
Tel: +47 901 101 53
E-mail:christian.opsahl@aqualis.no

Media

Endre Aaberg Johansen, Corporate Communications AS
Tel: +47 41 61 06 05
E-mail:endre.johansen@corpcom.no

About Aqualis ASA

Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries,
offers marine and engineering consultancy services to the offshore oil, gas
and renewable sectors globally. The group employs approximately 200 highly
experienced consultants across 13 offices in 10 countries worldwide. Aqualis
ASA operates under two different brands: Aqualis Offshore and Offshore Wind
Consultants. Aqualis Offshore is a specialized offshore marine and
engineering consultancy firm, focusing on the shallow and deep-water offshore
segments of the oil and gas industry. Offshore Wind Consultants is a globally
focused consultancy providing independent services to the offshore renewables
industry.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aqualis ASA via Globenewswire

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