Hynion: Decision to proceed with filing for bankruptcy

Oslo, 18. January. Reference is made to the stock exchange notices of Hynion AS (the «Company» or «Hynion») with regard to the critical financial situation and latest restructuring update.

Hynion has not been able to reach a conclusive agreement with Bizcap AB and Gerhard Dahl within the finite deadline set out by the board.

Accordingly, the Company has decided to file for bancrupcty and halt trading in its shares. For more information, please contact:

Lavrans Grjotheim, CEO

Phone: +47 400 49 141

This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5 -12 of the Norwegian Securities Trading Act.