Endur ASA

Successful completion of the acquisition of Engelsen Total

By 21.05.2026May 27th, 2026No Comments

21 May 2026 – Reference is made to the stock exchange announcements published by Endúr ASA (“The Company”) on 14 April 2026, regarding the agreement to purchase 100 % of the shares in Engelsen Total AS (“The Transaction”).

The Company is pleased to announce that the Transaction has been successfully completed. As a part of the Transaction, the Company will issue a total of 143,529 shares in the Company (“Consideration Shares”) to the Sellers, through a capital increase. The consideration shares will be subject to lock-up restrictions, being released with 1/3 every 6 month after closing for key personnel and with 1/2 every 6 month after closing for non-employed sellers.

The Company’s share capital after the capital increase is NOK 25,668,211.5 divided into 51,336,423 shares, each with a nominal value of NOK 0.5.

For further information, please contact:

Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759

Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787