Tekna holding ASA approves fully underwritten rights issue

Tekna Holding ASA’s extraordinary general meeting on November 13, 2025, approved a fully underwritten rights issue to raise gross proceeds of NOK 300 million, alongside a share capital reduction. The share capital will be increased by NOK 115,000,000 through the issuance of 100,000,000 new shares at a subscription price of NOK 3.00 each, with a nominal value of NOK 1.15 per share. Simultaneously, the company's share capital will be reduced by NOK 108,342,898.05 by decreasing the nominal value of existing shares to NOK 1.15.

Existing shareholders as of November 13, 2025 (record date: November 17, 2025), will receive approximately 0.7845 transferable subscription rights per share. The subscription period is expected to run from November 18 to December 2, 2025. Arendals Fossekompani ASA, the largest shareholder, has guaranteed full subscription of the new shares without an underwriting commission.

The new shares will carry full rights from the registration of the capital increase in the Norwegian Register of Business Enterprises, anticipated around December 11, 2025, with trading on Euronext Oslo Børs expected to commence on the same date. Arctic Securities AS is acting as manager for the rights issue.