Closing Completed in Connection With Acquisition of Voicecom Bulgaria

Due to LINK's solid cash position after a strong cash flow from its operations and the successful placement of EUR 50 million bond in February 2016, the cash part of the transaction will thus be fully financed through LINK's corporate fund and bond.

In connection with the acquisition of Voicecom AD, Arild E. Hustad, CEO of LINK says: "I am very happy to announce the acquisition of Voicecom, one of the leading mobile messaging providers in the Bulgarian market, a market undergoing a strong economic development and growth, with good potential through more than 7 million inhabitants. Furthermore, we are witnessing that the demand for mobile messaging and mobile solutions are increasing rapidly, and we believe that the Bulgarian market will continue to grow strongly. Combining LINK and Voicecom's innovative solutions should enable us to further strengthen our position in the Bulgarian market".

Aabø-Evensen & Co Advokatfirma AS is acting as legal advisors to LINK in connection with the above mentioned transactions.

CONTACT:

For further information, please contact:

Arild Hustad, CEO

LINK Mobility Group ASA

[email protected]

Mob: +47 95 24 19 30

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http://news.cision.com/link-mobility-group-asa/r/closing-completed-in-connection-with-aqcuisition-of-voicecom-bulgaria,c2357262

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