Kaldvik AS subsequent offering significantly under-subscribed

Kaldvik AS's subsequent offering saw valid subscriptions for only 10,635 new shares, significantly below its target of up to 4,300,000 shares. Each share was offered at NOK 14, resulting in gross proceeds of NOK 148,890. The subscription period concluded on September 16, 2025.

Payment for allocated shares is due on September 19, 2025. Following the issuance of these 10,635 shares, Kaldvik's share capital will increase to NOK 16,653,288.60, divided into 166,532,886 shares.

Additionally, the board resolved to issue 155,951 new shares to certain board members and management at the same subscription price. DNB Carnegie, Arion banki hf., and Nordea Bank Abp acted as managers for the offering.