Business
Energeia AS - Board of Directors has resolved to increase share capital bye issue of guarantee shares
Energeia AS - Board of Directors has resolved to increase share capital bye issue of guarantee shares
About this update from Energeia As
Oslo, 29 September 2025:Reference is made to previous stock exchange notices by Energeia AS (the"Company") in connection with the fully underwritten rights issue of1,033,333,333 new shares (the "Offer Shares") in the Company at a subscriptionprice of NOK 0.03 per new share (the "Subscription Price"), raising grossproceeds of NOK 31 million (the "Rights Issue").The Rights Issue was underwritten by a consortium comprising of certainexistingshareholders in the Company as well as new investors (the "Underwriters"). TheUnderwriters are entitled to an underwriting commission of 10% of theirrespective underwriting obligations, to be paid in shares in the Company (the"Guarantee Shares") at the Subscription Price (the "Underwriting Commission").In an extraordinary general meeting of the Company on 8 September 2025, theBoard of Directors was granted a board authorization to be used inter alia forthe purpose of issuing the Guarantee Shares. The board authorization wasregistered with the Norwegian Register of Business Enterprises on 9 September2025.On this basis, the Board of Directors has today resolved to increase the sharecapital of the Company with NOK 1,033,333.29 by the issuance of 103,333,329newGuarantee Shares, each with a nominal value of NOK 0,01 and at theSubscriptionPrice. Payment of the Guarantee Shares will be made by way of set-off of theUnderwriters' claim against the Company for the Underwriting Commission.The share capital increase is expected to be registered in the NorwegianRegister of Business Enterprises ("NRBE") on or about 6 October 2025 (togetherwith registration of the Rights Issue) and the Guarantee Shares will bedelivered to shortly thereafter.For further information, please contact:Jarl Egil Markussen, CEO, e-mail: [email protected] and tel: +47 480 23 214This information is subject to the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.https://newsweb.oslobors.no/message/656376