10 March 2025: Reference is made to the stock exchange announcement made by
Endúr ASA ("Endúr") on 4 March 2025 regarding the extraordinary general meeting
in Endúr (the "EGM"), including the resolution by the EGM to increase Endúr's
share capital by NOK 2,430,555.50 in connection with the issuance of 4,861,111
new shares in relation to the private placement successfully placed on 11
February 2025 (the "Private Placement").
The share capital increase pertaining to the issuance of the new shares in the
Private Placement has now been registered with the Norwegian Register of
Business Enterprises:
- Share capital (new): NOK 21,381,913.50
- Total number of shares (new): 42,763,827
- Nominal value of each share: NOK 0.50
Settlement of the shares allocated to investors in the Private Placement took
place on 6 March 2025 on a delivery versus-payment (DVP) basis with existing and
unencumbered shares in Endúr already admitted to trading on Euronext Oslo Børs
pursuant to a share lending agreement with Artec Holding AS as share lender. The
new shares in the Private Placement will be issued to Arctic Securities AS,
acting as settlement agent on behalf of the joint bookrunners in the Private
Placement, for the purpose of settling the share loan from Artec Holding AS.
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
About Endúr ASA
Endúr ASA (OSE: ENDÚR) is a leading supplier of construction and maintenance
projects and services of marine infrastructure, including facilities for
land-based aquaculture, quays, harbours, dams, bridges and other specialized
concrete and steel projects. The company and its subsidiaries also offer a wide
range of other specialized projects and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endúr.no.
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This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rule Book II.