Reference is made to the announcement by the Company on 24. May 2022 regarding a
completed private placement in the Company, and further reference is made to the
description in the announcement relating to the share lending agreement pursuant
to which Sundt AS has agreed to the lending of shares in connection with the
private placement.
As a result of the share lending, Sundt AS discloses the following information
pursuant to Section 4-2 of the Norwegian Securities Trading Act and the
Securities Trading Act Regulations:
On 26 May 2023, following allocation in the private placement, execution of the
share loan and the subsequent temporary disposal of 54,897,492 shares in the
Company, Sundt AS' holdings of shares went from 85,974,977 shares to 39,674,980
shares which represents 3.1% of the share capital based on 1,285,872,412 shares
in issue following tranche 1 of the private placement.