Ensurge Micropower ASA - Mandatory Notice of Trade for Primary Insiders
Rhea-AI Summary
Ensurge Micropower (OTC:ENMPY) announced a private placement that raised NOK 100 million at a subscription price of NOK 0.90 per share on November 9, 2025. The placement included allocations to several primary insiders and close associates: AS Mascot Holding (close associate of Chairperson Alexander Munch-Thore), Coretech AS (close associate of board member Thomas Ramm), board members Nina Riibe, and company executives Shauna McIntyre (CEO) and Lars Eikeland (CFO).
Forms with transaction details were attached; the disclosure is made under section 5-12 of the Norwegian Securities Trading Act.
Positive
- Private placement raised NOK 100 million
- Subscription price set at NOK 0.90 per share
Negative
- Primary insiders and close associates received share allocations
- Share issuance may dilute existing shareholders (placement issued)
AI-generated analysis. How Rhea-AI works. Not financial advice.
Reference is made to the stock exchange announcement from Ensurge Micropower ASA ("Ensurge" or the "Company") today regarding a private placement of shares in the Company raising NOK 100 million at a subscription price of NOK 0.90 per share (the "Private Placement"). The following primary insiders (and closely associated companies) were allocated shares in the Private Placement:
* AS Mascot Holding, close associate of Alexander Munch-Thore (Chairperson of the Board)
* Coretech AS, close associate of Thomas Ramm (Board member)
* Nina Riibe (Board member)
* Shauna McIntyre (CEO)
* Lars Eikeland (CFO)
Please see the enclosed forms for further details about the transactions.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Attachments