Tekna Holding launches NOK 300m fully underwritten rights issue

Tekna Holding ASA announced the commencement of the subscription period for its fully underwritten rights issue, aiming to raise gross proceeds of NOK 300 million. The issue comprises 100,000,000 new shares at a subscription price of NOK 3.00 per share. The subscription period begins today, November 18, 2025, and will conclude on December 2, 2025, at 16:30 CET.

Existing shareholders as of November 13, 2025 (record date: November 17) have been granted tradable subscription rights, with each share entitling them to 0.7845 subscription rights, rounded down. These rights are tradable on Euronext Oslo Børs from November 18 until November 26, 2025. Unexercised or unsold rights will lapse without compensation.

The rights issue is fully underwritten by an existing shareholder, guaranteeing the full NOK 300 million. Payment for subscribed shares is due on December 5, 2025, with issuance, delivery, and commencement of trading of the new shares on Euronext Oslo Børs expected on or about December 11, 2025. Arctic Securities AS is acting as manager for the offering.