Ensurge Micropower ASA – Grant of Incentive Subscription Rights to new CEO
Ensurge Micropower ASA (ENMPY) has announced that Shauna McIntyre has assumed the role of CEO effective August 28, 2025, ahead of the previously announced September 1 start date. The Board has granted McIntyre 30,687,311 incentive subscription rights with an exercise price of NOK 1.316 per share.
The subscription rights will vest over four years, with 25% vesting after the first year and the remaining 75% vesting in equal quarterly installments. These rights will expire on August 8, 2030.
Ensurge, based in Silicon Valley with 40 specialists, develops ultrathin flexible solid-state lithium microbatteries for hearables, wearables, and IoT devices. The company operates a state-of-the-art facility focused on prototyping and small-scale manufacturing, with plans to outsource large-scale production to specialized partners.
Ensurge Micropower ASA (ENMPY) ha comunicato che Shauna McIntyre ha assunto il ruolo di CEO con effetto dal 28 agosto 2025, anticipando la data di inizio inizialmente prevista per il 1° settembre. Il Consiglio ha assegnato a McIntyre 30.687.311 diritti di sottoscrizione incentivanti con un prezzo di esercizio di NOK 1,316 per azione.
I diritti di sottoscrizione matureranno in un periodo di quattro anni: il 25% dopo il primo anno e il restante 75% in rate trimestrali uguali. Questi diritti scadranno il 8 agosto 2030.
Ensurge, con sede nella Silicon Valley e un team di 40 specialisti, sviluppa microbatterie al litio a stato solido ultrasottili e flessibili per hearable, wearable e dispositivi IoT. L'azienda dispone di una struttura all'avanguardia dedicata al prototyping e alla produzione su piccola scala, con l'intenzione di esternalizzare la produzione su larga scala a partner specializzati.
Ensurge Micropower ASA (ENMPY) ha anunciado que Shauna McIntyre ha asumido el cargo de CEO con efecto desde el 28 de agosto de 2025, adelantando la fecha de inicio previamente fijada para el 1 de septiembre. El Consejo le ha concedido a McIntyre 30.687.311 derechos de suscripción incentivados con un precio de ejercicio de NOK 1,316 por acción.
Los derechos de suscripción se adquirirán a lo largo de cuatro años: un 25% tras el primer año y el 75% restante en cuotas trimestrales iguales. Estos derechos vencerán el 8 de agosto de 2030.
Ensurge, con sede en Silicon Valley y 40 especialistas, desarrolla microbaterías de litio sólidas, flexibles y ultrafinas para hearables, wearables y dispositivos IoT. La compañía cuenta con una instalación de última generación centrada en prototipado y producción a pequeña escala, y planea externalizar la fabricación a gran escala a socios especializados.
Ensurge Micropower ASA (ENMPY)는 Shauna McIntyre가 2025년 8월 28일부로 CEO 직을 맡았다고 발표했으며, 이는 당초 공지된 9월 1일 취임일보다 앞당겨진 것입니다. 이사회는 McIntyre에게 30,687,311개의 인센티브 가입권을 부여했으며 행사가격은 주당 NOK 1.316입니다.
가입권은 4년에 걸쳐 권리확정(베스팅)되며, 첫 해 이후 25%가 베스트되고 나머지 75%는 분기별 동일 비율로 베스팅됩니다. 해당 권리는 2030년 8월 8일에 만료됩니다.
Silicon Valley에 본사를 두고 40명의 전문가로 구성된 Ensurge는 히어러블, 웨어러블 및 IoT 기기를 위한 초박형 유연 고체 리튬 마이크로배터리를 개발합니다. 이 회사는 프로토타이핑과 소규모 제조에 중점을 둔 첨단 설비를 운영하며, 대규모 생산은 전문 파트너에게 외주할 계획입니다.
Ensurge Micropower ASA (ENMPY) a annoncé que Shauna McIntyre a pris ses fonctions de CEO à compter du 28 août 2025, anticipant ainsi la date de début initialement prévue au 1er septembre. Le conseil d'administration a attribué à McIntyre 30 687 311 droits de souscription incitatifs avec un prix d'exercice de 1,316 NOK par action.
Les droits de souscription seront acquis sur une période de quatre ans : 25 % au bout de la première année, puis les 75 % restants par échéances trimestrielles égales. Ces droits expireront le 8 août 2030.
Ensurge, basé dans la Silicon Valley et composé de 40 spécialistes, développe des microbatteries lithium à l'état solide, ultrafines et flexibles pour hearables, wearables et objets connectés (IoT). L'entreprise dispose d'une installation de pointe dédiée au prototypage et à la production à petite échelle, et prévoit d'externaliser la production à grande échelle auprès de partenaires spécialisés.
Ensurge Micropower ASA (ENMPY) hat bekannt gegeben, dass Shauna McIntyre mit Wirkung zum 28. August 2025 die Position der CEO übernommen hat, damit früher als der zuvor angekündigte Starttermin am 1. September. Der Vorstand hat McIntyre 30.687.311 Incentive-Zeichnungsrechte gewährt, mit einem Ausübungspreis von NOK 1,316 je Aktie.
Die Zeichnungsrechte werden über vier Jahre gestaffelt: 25% nach dem ersten Jahr und die verbleibenden 75% in gleichen vierteljährlichen Raten. Diese Rechte verfallen am 8. August 2030.
Ensurge mit Sitz im Silicon Valley und einem Team von 40 Spezialisten entwickelt ultradünne, flexible Feststoff-Lithium-Mikrobatterien für Hearables, Wearables und IoT-Geräte. Das Unternehmen betreibt eine hochmoderne Anlage für Prototyping und Kleinserienfertigung und plant, die Großserienproduktion an spezialisierte Partner auszulagern.
- Successful recruitment of new CEO Shauna McIntyre
- Long-term incentive alignment through 4-year vesting schedule
- Strategic positioning in growing markets (hearables, wearables, IoT)
- Currently limited to prototyping and small-scale manufacturing
- Dependency on future partnerships for large-scale production
Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 7 August 2025, whereby it was announced that the new CEO of the Company, Shauna McIntyre, was to assume the role on or about 1 September 2025. The Company informs that Shauna McIntyre assumed the role as CEO of the Company as of 28 August 2025.
In connection with the employment of the new CEO, the Board of Directors of the Company has resolved to grant a total of 30,687,311 incentive subscription rights to Shauna McIntyre, under the Company's 2025 incentive subscription rights plan, as approved at the Extraordinary General Meeting held in the Company on 8 August 2025. The exercise price of the subscription rights is calculated to NOK 1.316 per share.
The subscription rights shall vest over four years, with
The subscription rights expire on 8 August 2030.
About Ensurge Micropower:
Ensurge is energizing innovation with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery.
With a workforce of forty top-tier specialists based in the world's technology capital, Silicon Valley, Ensurge has developed a future-oriented and innovative microbattery technology. The microbattery is ideal for form-factor-constrained applications, including hearables, 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 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.
Ensurge's production facilities are optimized for prototyping and small-scale manufacturing. To scale efficiently, we aim to outsource the production of the resulting intellectual property (IP) to specialized partners with industrial manufacturing expertise.
Ensurge is listed on the Norwegian stock exchange and is financed out of Norway by strong and reputable financial investors, reflecting both a strategic investment and a robust transatlantic collaboration.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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