Ensurge Micropower ASA - Registration of Share Capital Increase

Rhea-AI Summary

Ensurge Micropower ASA announces the registration of a share capital increase, now totaling NOK 210,563,602.92. This follows the issuance of 4 new shares approved by the Extraordinary General Meeting on 24 February 2022. The total number of shares stands at 1,914,214,572, with each share valued at NOK 0.11.

Positive

• Successful registration of share capital increase.
• New share issuance may enhance capital for business growth.

Negative

• None.

Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 8 March 2022 regarding the issuance of 4 new shares in the Company pursuant to an authorization given by the Extraordinary General Meeting held on 24 February 2022.  

The share capital increase has now been duly registered in the Register of Business Enterprises. Following the share capital increase, the Company's share capital is NOK 210,563,602.92 divided into 1,914,214,572 shares, each share having a par value of NOK 0.11.

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

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

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

FAQ

What is the new share capital of Ensurge Micropower ASA?

The new share capital of Ensurge Micropower ASA is NOK 210,563,602.92.

How many shares are now issued by Ensurge Micropower ASA?

Ensurge Micropower ASA has issued a total of 1,914,214,572 shares.

What was the date of the share issuance announcement by Ensurge Micropower ASA?

The share issuance was announced on 8 March 2022.

What is the par value of each share for Ensurge Micropower ASA?

Each share of Ensurge Micropower ASA has a par value of NOK 0.11.