The Offer is not being made, and this press release may not be distributed,
directly or indirectly, in or into, nor will any tender of shares be accepted
from or on behalf of holders in, any jurisdiction in which the making of the
Offer, the distribution of this stock exchange announcement or the acceptance of
any tender of shares would contravene applicable laws or regulations.

(Oslo, 24 January 2021): Reference is made to the mandatory offer (the "Offer")
from Rieber & Søn AS (the "Offeror") to acquire all shares in Q-Free ASA ("Q
-Free" or the "Company") pursuant to an offer document dated 14 January 2021. On
22 January 2021, the Offeror received acceptance under the Offer for 1,002
shares, corresponding to 0.0009% of the share capital and voting rights in the
Company.

Following these acceptances, the Offeror has received acceptances for a total of
53,572 shares and votes in Q-Free. In addition, the Offeror owns a total of
50,258,397 shares in the Company, representing 46.44% of the shares and votes in
the Company, for an aggregate holding of shares and rights to shares in the
Company of 46.49%. The foregoing percentages have been calculated based on
108,216,534 issued shares in Q-Free ASA.

The Offeror is represented on the Board of Directors of Q-Free and is therefore
considered a primary insider of the Company.

This notification has been submitted pursuant to the Securities Trading Act
section 4-2.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange