Scatec Solar ASA: Sale of shares by primary insider

Oslo, November 1, 2017: Executive Vice President & General Counsel Snorre Valdimarsson, has today sold 275,000 shares in Scatec Solar ASA, at a price per share of NOK 45.

After the transaction and as of the date hereof, Executive Vice President & General Counsel Snorre Valdimarsson owns 67,261 share options in Scatec Solar ASA.

The reason for the sale of shares is to finance tax, repayment of debt, as well as finance the acquisition of two properties.

This information is subject to disclosure pursuant to the Norwegian Securities Trading Act section 4-2.