Ensurge Micropower ASA - Registration of Share Capital Increase
Rhea-AI Summary
On July 30, 2021, Ensurge Micropower ASA announced the successful registration of a share capital increase following the exercise of Warrants B and C. The total share capital now stands at NOK 170,570,102.34, comprising 1,550,637,294 shares, each with a par value of NOK 0.11. This follows the company's prior announcements regarding the exercise and revision of warrants on July 3 and July 19, 2021. Such corporate actions indicate an active engagement in capital management to support its business operations.
Positive
- Share capital increased to NOK 170,570,102.34.
- Total shares now comprise 1,550,637,294, enhancing liquidity.
Negative
- None.
News Market Reaction – ENMPY
In the trading session that priced this news, ENMPY declined 6.78%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Oslo, 30 July 2021
Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 3 July 2021 regarding the exercise of Warrants B and C in the Company and the announcement on 19 July 2021 regarding a revision to the number of exercised warrants. The share capital increase associated with such warrant exercises has now been duly registered in the Register of Business Enterprises. Following the share capital increase, the Company's share capital is NOK 170,570,102.34 divided into 1,550,637,294 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.