Ensurge Micropower ASA - Mandatory Notice of Trade for Primary Insiders

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.

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)

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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

• AS Mascot Holding
• Coretech AS
• Shauna McIntyre
• Nina Riibe
• Lars Eikeland

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Ensurge Micropower announce on November 9, 2025 regarding ENMPY?

Ensurge announced a private placement raising NOK 100 million at NOK 0.90 per share.

Which insiders were allocated shares in the ENMPY private placement?

Allocated insiders include AS Mascot Holding, Coretech AS, Nina Riibe, Shauna McIntyre, and Lars Eikeland.

How might the ENMPY private placement affect existing shareholders?

The placement issues new shares and therefore may dilute existing shareholders, depending on total shares outstanding.

At what price were ENMPY shares offered in the private placement?

Shares were offered at a subscription price of NOK 0.90 per share.

Where can investors find details of the insider transactions for ENMPY?

The announcement included attached transaction forms and disclosure under section 5-12 of the Norwegian Securities Trading Act.