NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE
SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR
HONG KONG, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD
BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER MEASURES. THIS ANNOUNCEMENT
DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Oslo, 27 June 2025
Reference is made to the stock exchange announcement by Standard Supply AS (the
"Company") on 19 June 2025 regarding completion of a private placement through
issuance of new shares (the "Private Placement") and the stock exchange
announcement by the Company on 26 June 2025 regarding registration of the share
capital increase pertaining to tranche 1 of the Private Placement with the
Norwegian Register of the Business Enterprises. To arrange for settlement of the
Private Placement, the Company has previously entered into a share lending
agreement (the "Share Lending Agreement") with Arctic Securities AS (the
"Settlement Agreement") and S.D. Standard ETC PLC ("SDSD").
Pursuant to the Share Lending Agreement and for the purpose stated above, SDSD
lent out 938,631 new shares to the Settlement Agent in connection with
settlement of tranche 1 of the Private Placement. Following registration of the
share capital increase pertaining to tranche 1 of the Private Placement, SDSD
has now received 938,631 new shares from the Settlement Agent pursuant to the
Share Lending Agreement.
SDSD is a close associate of the Company's Chairman of the Board, Espen Lundaas,
and Board member Espen Landmark Fjermestad. This information is subject to the
disclosure requirements pursuant to MAR Article 19 and Section 5-12 the
Norwegian Securities Trading Act.
Further details about the transaction are available in the attached form.
For further information, please contact:
CEO Eldar Paulsrud at +47 481 65 599
standard-supply.com