250716 - Notification form - Share lending SDSD - re-delivery
Beskrivning
| Land | Cypern |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Tjänster |
| Industri | Shipping & Offshore |
2025-07-16 16:19:23
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, 16 July 2025
Reference is made to the stock exchange announcement by StandardCoin AS (the
"Company") on 19 June 2025 regarding completion of a private placement through
issuance of new shares (the "Private Placement"). Reference is further made to
the resolution of an extraordinary general meeting of the Company held on 8 July
2025 to approve the share capital increase in connection with the second tranche
("Tranche 2") of the Private Placement and the stock exchange announcement by
the Company on 15 July 2025 regarding registration of the share capital increase
pertaining to tranche 2 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 542,850 new shares to the Settlement Agent in connection with
settlement of tranche 2 of the Private Placement. Following registration of the
share capital increase pertaining to tranche 2 of the Private Placement, SDSD
has now received 542,850 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