Tekna Holding proposes NOK 300m rights issue

Tekna Holding ASA plans a fully underwritten rights issue aiming to raise gross proceeds of NOK 300 million, with the subscription price for new shares set at NOK 3.00. This price represents a 25% discount to the volume-weighted average price of the company's shares over the ten trading days ending November 11, 2025. The rights issue involves offering 100,000,000 new shares, each with a nominal value of NOK 1.15, as detailed in the proposed resolutions for the Extraordinary General Meeting on November 13, 2025.

The proposed resolutions also outline a preceding share capital reduction of NOK 108,342,898.05 to adjust the nominal value of shares, conditional upon the completion of the capital increase. The subscription period for the rights issue is scheduled from November 18 to December 2, 2025. Arendals Fossekompani ASA will underwrite any unsubscribed shares.

Shareholders as of November 13, 2025, registered in the VPS Norwegian CSD by November 17, 2025, will have preferential rights to subscribe for new shares, and subscription without rights will also be permitted. The company estimates costs for the capital increase to be between NOK 3,850,000 and NOK 5,450,000.