Reference is made to the stock exchange announcement made by Endúr ASA (the “Company“) on 15 November 2021 (the “Notice“) regarding the successful completion of a private placement raising gross proceeds of NOK 170 million (the “Private Placement“) through the issuance of new shares at a price of NOK 0.75 per share (the “Offer Price“). All terms used in this notice shall have the meaning ascribed to such terms in the Notice.
The following close associates of primary insiders have been allocated shares in the Private Placement at the Offer Price:
* Artec Holding AS, a company closely associated with board member Bjørn Finnøy, has been allocated 71,803,220 Offer Shares; and
* Jörn Ryberg Holding AB, a company closely associated with board member Jörn Ryberg, has been allocated 16,624,910 Offer Shares.
Furthermore, Artec Holding AS has agreed to lend out 226,666,667 shares in the Company to Arctic Securities AS, in order to arrange for settlement of the Offer Shares to be delivered in the Private Placement, pursuant to the share lending agreement as further detailed in the Notice.
See the enclosed forms for further details about the transactions.
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772
About Endúr ASA
Endúr ASA (OSE: ENDUR) is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges and other specialised concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialised project and marine services. Endúr ASA is headquartered in Bergen, Norway. See www.endur.no
16.11_2021_Artec – Skjema for melding om transaksjoner utført av personer med ledelsesansvar («primærinnsidere») og deres nærstående (KRT-1500) (7) 16.11.2021_Rydberg – Skjema for melding om transaksjoner utført av personer med ledelsesansvar («primærinnsidere») og deres nærstående (KRT-1500) (5)