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Ensurge Micropower ASA - Registration of Share Capital Increase

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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.

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Positive

  • Share capital increased to NOK 170,570,102.34.
  • Total shares now comprise 1,550,637,294, enhancing liquidity.

Negative

  • None.
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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.


FAQ

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

What is the current share capital of Ensurge Micropower ASA as of July 30, 2021?

The current share capital of Ensurge Micropower ASA is NOK 170,570,102.34.

How many shares does Ensurge Micropower ASA have after the capital increase?

Ensurge Micropower ASA has a total of 1,550,637,294 shares after the capital increase.

What was the purpose of the warrant exercises announced by Ensurge Micropower ASA?

The warrant exercises were aimed at increasing the company's share capital to support business operations.

When were the Warrants B and C exercised by Ensurge Micropower ASA?

The Warrants B and C were exercised on July 3, 2021.

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