OSLO, Norway - 13 April 2026 - Agilyx ASA (OSE: AGLX, OTCQX: AGXXF, ISIN:
NO0010872468, WKN: A2QGQ) ("Agilyx" or the "Company") has been notified that
Saffron Hill Ventures 3 LP, a close associate of primary insider and CEO Ranjeet
Bhatia, has sold convertible bonds in the Company with a par value of
approximately EUR 8.3 million.
The bonds have been acquired by funds managed by Heimdal Forvaltning AS, a
Stavanger-based Nordic asset manager specializing in fixed income and equity
funds. The transaction reflects continued support for Agilyx from high-quality
institutional investors with a long-term investment horizon.
Saffron Hill originally provided a loan facility to Agilyx in connection with
underwriting the Company's investment into GreenDot Global. This loan was
subsequently converted into convertible bonds. The proceeds from this sale will
be used by Saffron Hill to repay financing it incurred to support its
participation in the GreenDot investment.
Following the transaction, Saffron Hill Ventures remains a significant
shareholder in Agilyx.
For further details on the transaction, reference is made to the attached
notification form.
This information is subject to the disclosure requirements in Regulation EU
596/2014 article 19 number 3 and the Norwegian Securities Trading Act section
5-12.
ABOUT AGILYX
Agilyx ASA is a publicly listed, technology-agnostic leader in plastic
recycling, focused on converting plastic waste into circular products and
value-creating solutions for the global plastics value chain. The Company works
with blue-chip partners and operates across mechanical and chemical recycling,
and proprietary technology development. Agilyx has operating exposure in Europe
through its ownership stake in GreenDot, a leading platform for sourcing,
processing, and supplying recycled plastic feedstock, and in the US through
strategic commercial arrangements and technology deployment. With funded
projects, reduced capital intensity, and a clear strategic focus, Agilyx is
positioned to drive sustainable growth and long-term value creation in the
circular plastics economy.
Inquiries: investors@agilyx.com
Learn more at: www.agilyx.com
For media resources, visit: https://www.agilyx.com/media-room/