Norsk Titanium AS: Registration of share capital increase and mandatory notification of trade
Oslo, 23 June 2026. Reference is made to the announcement by Norsk Titanium AS ("Norsk Titanium" or the "Company") on 18 June 2026 regarding a successfully placed private placement of new shares in the Company with gross proceeds of NOK 260,000,000 by the allocation of a total of 260,000,000 new shares (the "Private Placement"), and the effectuation of a share loan under a share lending agreement between the Company, its shareholder Scatec Innovation AS, and Arctic Securities and Pareto Securities as managers in the Private Placement, the purpose of which is to facilitate delivery-versus-payment settlement in tranche 1 of the Private Placement (the "Share Lending Agreement").
The new shares issued by the Company in tranche 1 of the Private Placement shall be used for re-delivery of shares under the Share Lending Agreement.
Today, following the registration in the Norwegian Register of Business Enterprises of the share capital increase pertaining to the Company's board of directors’ resolution on 17 June 2026 to issue 130,460,200 offer shares in tranche 1 of the Private Placement, 130,460,200 new shares will be re-delivered to Scatec Innovation AS in accordance with the Share Lending Agreement. Please see the enclosed forms for further details pursuant to article 19 of the EU Market Abuse Regulation.
The Company's new registered share capital is NOK 92,794,485.76 divided into 1,159,931,072 shares, each with a par value of NOK 0.08 and carrying one vote in the Company's general meeting.
For more information, please contact: John Andersen, Chairman of Norsk Titanium AS Email: John.Andersen@scatec.no Tel: +47 90 17 40 80
Fabrizio Ponte, President and CEO of Norsk Titanium Email: Fabrizio.ponte@norsktitanium.com Tel: +1 404 426 2270
Ashar Ashary, CFO Norsk Titanium AS Email: Ashar.Ashary@norsktitanium.com Tel: +1 518 556 8966
About Norsk Titanium: Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and installed production capacity to generate annual revenues of approximately USD 300 million, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
This information is subject to the disclosure requirements pursuant to the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act.