24 January 2024: 
Reference is made to the announcement made on 22 December 2023 by Ferd AS and
Tjaldur Holdco II AS, acting through Minerva Topco AS (the "Minerva"), regarding
the completion of Minerva's tender cash offer to acquire all outstanding shares
("Shares") of Mintra Holding AS ("Mintra"), not already owned by Ferd AS and
Tjaldur Holdco II AS or to which Minerva was otherwise entitled (the "Offer").
Further reference is made to the announcements made on 22 January 2024 regarding
inter alia the disclosure of Minerva having obtained an ownership of more than
90% of the outstanding Shares and votes of Mintra and additional purchases of
Shares by Minerva at a price of NOK 4.00 per Share (the "Purchase Price").


Minerva, a close associate of Rúni M. Hansen (chair) and Nils Jegstad (member)
of the board of directors of Mintra, has on 24 January 2024 acquired 17,234
Shares in Mintra, at the Purchase Price. 


Furthermore, the board of directors of Minerva has resolved to carry out a
compulsory acquisition of all remaining 18,780,029 shares in Mintra (the
"Minority Shares"), with immediate effect, pursuant to section 4-26 of the
Norwegian Private Limited Liability Companies Act. Please see the attached form
for further details.

The redemption price offered for each Minority Share in the compulsory
acquisition will be NOK 4.00 (the "Redemption Price"), corresponding to the
Purchase Price. The full redemption amount has been placed in a separate bank
account in accordance with section 4-26 of the Norwegian Private Limited
Liability Companies Act.

The rights and ownership of the Minority Shares will automatically be
transferred to Minerva. Accordingly, Minerva will as from the date hereof own
100% of the outstanding shares of Mintra.


Any objections to, or rejection of, the Redemption Price must be made no later
than on 25 March 2024. Former shareholders of Mintra who do not object to, or
reject, the Redemption Price within this deadline, will be deemed to have
accepted the Redemption Price. A letter regarding the compulsory acquisition
will be sent to all former shareholders of Mintra with known address and whose
shares have been acquired by way of the compulsory acquisition. In addition, the
compulsory acquisition will be announced in the Norwegian Register of Business
Enterprises' electronic publication.

Following the compulsory acquisition, Minerva will pursue a delisting of the
Shares of Mintra from Euronext Growth Oslo. A separate announcement will be made
regarding such delisting.


For further queries, please contact: 

Gustav Martinsen, Chairman, Minerva Topco AS, +47 957 39 240    
Nils Jegstad, Board member, Minerva Topco AS, +47 971 34 058


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ABOUT MINTRA

Mintra is the provider of global solutions for digital learning, competence and
workforce management, primarily for energy, maritime and safety-critical
industries. Mintra's portfolio of digital products includes workforce planning,
training and skills management. More than 4,100 enterprises trust the company to
improve security, increase efficiency and reduce costs. Mintra is an employer of
choice and its global team prides itself on the culture of collaboration and
exploration to enable the delivery of innovation to its customers. Mintra is
headquartered in Bergen, Norway, with offices and operations to support the
delivery of on- and offline services to its global customers 24/7.

* * *

This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities
Trading Act.

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