Norsk Titanium launches subsequent offering after private placement

Norsk Titanium AS announced the launch of a subsequent offering of up to 40,726,800 new shares at a subscription price of NOK 1.00 per share, aiming to raise up to NOK 40,726,800. This offering follows a private placement completed on August 21, 2025, which raised approximately NOK 183 million. The subscription price for the subsequent offering matches that of the private placement.

The offering targets existing shareholders as of August 21, 2025, who were not allocated shares in the private placement and meet specific residency criteria. Eligible shareholders will receive 0.115532 non-transferable subscription rights per existing share, rounded down. Each right allows subscription for one offer share. The subscription period opens on September 11, 2025, and closes on September 22, 2025.

A prospectus is available via the managers, Arctic Securities AS and Pareto Securities AS. Payment for offer shares is expected by September 25, 2025, with shares anticipated for delivery around October 1, 2025.