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Norsk Titanium AS registers share capital increase after private placement

September 16, 2025 at 02:03 PM UTCBy FilingReader AI

Norsk Titanium AS today announced the registration of a share capital increase in the Norwegian Register of Business Enterprises, bringing its new registered share capital to NOK 78,937,850.08, divided into 986,723,126 shares. This follows the board's resolution on September 9, 2025, to issue 105,553,600 new shares in tranche 2 of a private placement, authorized by an extraordinary general meeting on September 5, 2025. These new shares are intended for re-delivery under a share lender agreement.

A mandatory notification of trade form, pursuant to Article 19 of the EU Market Abuse Regulation, details the transaction. Scatec Innovation AS, a legal person closely associated with John Andersen, chairman of Norsk Titanium AS and chief executive of Scatec Innovation AS, redelivered 105,553,600 shares to Norsk Titanium AS under a share lending agreement. This transaction, dated September 16, 2025, occurred outside a trading venue with a price of NOK 0 per share.

The financial instrument involved is "Shares in Norsk Titanium AS" (ISIN NO0010969108), and the transaction is classified as an initial notification. This information is published to comply with regulatory requirements for companies listed on Euronext Growth Oslo.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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