Oslo, 29 September 2025:
Reference is made to previous stock exchange notices by Energeia AS (the
"Company") in connection with the fully underwritten rights issue of
1,033,333,333 new shares (the "Offer Shares") in the Company at a subscription
price of NOK 0.03 per new share (the "Subscription Price"), raising gross
proceeds of NOK 31 million (the "Rights Issue").
The Rights Issue was underwritten by a consortium comprising of certain existing
shareholders in the Company as well as new investors (the "Underwriters"). The
Underwriters are entitled to an underwriting commission of 10% of their
respective underwriting obligations, to be paid in shares in the Company (the
"Guarantee Shares") at the Subscription Price (the "Underwriting Commission").
In an extraordinary general meeting of the Company on 8 September 2025, the
Board of Directors was granted a board authorization to be used inter alia for
the purpose of issuing the Guarantee Shares. The board authorization was
registered with the Norwegian Register of Business Enterprises on 9 September
2025.
On this basis, the Board of Directors has today resolved to increase the share
capital of the Company with NOK 1,033,333.29 by the issuance of 103,333,329 new
Guarantee Shares, each with a nominal value of NOK 0,01 and at the Subscription
Price. Payment of the Guarantee Shares will be made by way of set-off of the
Underwriters' claim against the Company for the Underwriting Commission.
The share capital increase is expected to be registered in the Norwegian
Register of Business Enterprises ("NRBE") on or about 6 October 2025 (together
with registration of the Rights Issue) and the Guarantee Shares will be
delivered to shortly thereafter.
For further information, please contact:
Jarl Egil Markussen, CEO, e-mail: jarl@energeia.no and tel: +47 480 23 214
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.