Disclosure of Voting Rights in Ensurge Micropower ASA - Chair Morten Opstad – 15 August 2022

Rhea-AI Summary

As of August 15, 2022, Morten Opstad, Chair of the Board of Ensurge Micropower ASA, holds a total of 76,468,969 shares, representing 35.28% of the company's share capital and voting rights ahead of the Extraordinary General Meeting on August 17, 2022.

This includes proxy votes for 73,009,484 shares (33.68%) and voting instructions for 3,459,485 shares (1.60%). Ensurge specializes in solid-state lithium microbatteries for wearable devices and IoT sensors, emphasizing innovation and manufacturing in Silicon Valley.

Positive

• Morten Opstad holds 35.28% of voting rights, indicating significant investor confidence.
• Ensurge's innovative microbattery technology addresses a growing market for wearables and IoT devices.

Negative

• None.

At the close of business on 15 August 2022, Morten Opstad, Chair of the Board of Ensurge Micropower ASA (the "Company"), held the following voting rights in the Company, for the purpose of the Extraordinary General Meeting on 17 August 2022: 

Total 76,468,969 shares or 35.28% of the share capital and votes, consisting of the following:

* Proxy to represent and vote for 73,009,484 shares or 33.68% of the share capital, including shares held by Mr. Opstad and close associates.

* Proxy with voting instructions for 3,459,485 shares or 1.60% of the share capital.

Contact 

Ståle Bjørnstad - Investor Relations 
E-mail: stale.bjornstad@ensurge.com (mailto:stale.bjornstad@ensurge.com) 
Phone: +47 99 16 76 72 

Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com (mailto:kevin.barber@ensurge.com)

About Ensurge Micropower 

Ensurge is Energizing Innovation(TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1-100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), digital and health wearables, sports and fitness devices, and IoT sensor solutions that use energy harvesting to power everyday things. The company's state-of-the-art manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of Ensurge technology to established and expanding markets. 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

FAQ

What percentage of shares does Morten Opstad hold in Ensurge Micropower?

Morten Opstad holds 35.28% of the share capital and voting rights in Ensurge Micropower.

What is the significance of the Extraordinary General Meeting on August 17, 2022?

The Extraordinary General Meeting is crucial for corporate governance decisions where voting rights are exercised, particularly by major shareholders.

What does Ensurge Micropower specialize in?

Ensurge Micropower specializes in producing solid-state lithium microbatteries for wearables and IoT applications.