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REGISTRATION OF WARRANTS AND NEW SHARE CAPITAL IN CONNECTION WITH THE PARTIALLY UNDERWRITTEN RIGHTS ISSUE
REGISTRATION OF WARRANTS AND NEW SHARE CAPITAL IN CONNECTION WITH THE PARTIALLY UNDERWRITTEN RIGHTS ISSUE
About this update from Lokotech Group As
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, THEHONGKONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN,OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASEWOULD BE UNLAWFUL.Oslo, 2 June 2025: Reference is made to the stock exchange announcementpublished by Lokotech Group AS (the "Company") on 21 May 2025, announcing thefinal result of the partially underwritten rights issue (the "Rights Issue").Asannounced in that stock exchange announcement, the Company will issue417,536,230 new shares in the Company ("Offer Shares"), raising approx. NOK139million in gross proceeds to the Company, and issue 22,495,493 new shares("FeeShares") to the underwriters of the Rights Issue. Additionally, thesubscribersin the Rights Issue have for every one (1) Offer Share allocated to and paidbythem, been allocated 0.131506 warrants ("Warrants"), rounded down to thenearestwhole Warrant.The share capital increases relating to the issuance of Offer Shares and FeeShares have been registered with the Norwegian Register of BusinessEnterprises(Nw: Foretaksregisteret) (the "NRBE") today, 2 June 2025. The Company's newregistered share capital is NOK 31,451,528.50 divided into 629,030,570 shares,each with a nominal value of NOK 0.05. The Company has only one class ofshares,and each share represents one vote at the Company's general meeting.Furthermore, a total of 78,887,887 Warrants have been issued and registeredwiththe NRBE today, of which 54,908,272 Warrants were allocated to the subscribersin the Rights Issue. The remaining 23,979,615 Warrants are non-exercisable andwere issued and registered for technical reasons. These non-exercisableWarrantsare deemed to be null and void. Consequently, the Company has a total of54,908,272 outstanding Warrants, whereof all will be delivered to thesubscribers in the Rights Issue.The Offer Shares, the Fee Shares and the Warrants are expected to be deliveredto investors and underwriters on or about 3 June 2025.This information is subject to the disclosure requirements pursuant to theContinuing Obligations and Section 5-12 of the Norwegian Securities TradingAct.For more information, please contact:CEO, Ola Stene-Johansen, email [email protected] NOTICEThese materials are not and do not form a p...