Primary insider notification - Tranche 2 - Share lending (Scatec Innovation AS)
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Industri |
| Industri | Industriprodukter |
2025-09-09 08:04:46
Oslo, Norway, 9 September 2025: Reference is made to the stock exchange
announcement by Norsk Titanium AS (the "Company") on 22 August 2025 regarding
the completion of a private placement of a total of 183,270,600 new shares (the
"Offer Shares") raising gross proceeds of approximately NOK 183 million (the
"Private Placement"), as well as the stock exchange announcement on 5 September
2025 regarding the completion of the extraordinary general meeting and grant of,
among other things, an authorisation for the board of directors (the "Board
Authorisation") to resolve the issuance of 105,553,600 Shares in tranche 2 of
the Private Placement ("Tranche 2"). The Company's board of directors has today
resolved to increase the share capital in relation to Tranche 2 pursuant to the
Board Authorisation.
Following the share capital increase pertaining to Tranche 2, the Company will
have a share capital of NOK 78,937,850.08 divided into 986,723,126 shares, each
share having a par value of NOK 0.08 and representing one vote in the Company's
general meeting.
For more information, please contact:
Ashar Ashary, CFO Norsk Titanium AS
Email: Ashar.Ashary@norsktitanium.com
Tel: +1 518 556 8966
About Norsk Titanium AS:
Norsk Titanium is a global leader in metal 3D printing, innovating the future of
metal manufacturing by enabling a paradigm shift to a clean and sustainable
manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)
technology and installed production capacity to generate annual revenues of
approximately USD 300 million, Norsk Titanium offers cost-efficient 3D printing
of value-added metal parts to a large addressable market. RPD® technology uses
significantly less raw material, energy, and time than traditional
energy-intensive forming methods, presenting customers with an opportunity to
better manage input costs, logistics, and environmental impact. RPD® printed
parts are already flying on commercial aircraft, and Norsk Titanium has gained
significant traction with large defense and industrial customers.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Growth Oslo, section
5-12 of the Norwegian Securities Trading Act.