Norsk Titanium AS - Småprat

[TekBot]

Norsk Titanium AS: Grant of RSUs and Performance shares under LTIP and exercise of RSUs and share capital increase

Oslo, Norway, 17 January 2025: Reference is made to the stock exchange announcement on 14 May 2024 where Norsk Titanium AS (“Norsk Titanium” or the “Company”) announced that the general meeting of the Company had resolved to continue its long-term incentive program (the “LTIP”). In connection with the LTIP, the board of directors was authorised to administrate the LTIP and to increase the Company’s share capital in order to execute the LTIP.

Participants in the Company’s LTIP have on 17 January 2025 exercised a total of 996,762 Restricted Share Units (“RSU’s”).
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Each RSU gives a right to acquire one share in the Company at a subscription price equal to the nominal value of the shares, being NOK 0.08. The RSUs are described in note 4.7 in Norsk Titanium’s annual financial statements for 2023. The Company has resolved to settle 214,575 RSUs with cash consideration to allow the beneficiaries to settle taxes. The remaining 782,187 RSUs exercised will be settled by issuance of new shares in the Company.

Following the exercise, the Board of Directors, pursuant to authorisation granted by the Company’s Annual General Meeting, has decided to increase the Company’s share capital by NOK 62,574.96 by issuing 782,187 new shares, of par value NOK 0.08. Subsequent to the transaction, Norsk Titanium’s share capital will be NOK 64,233,324.16 divided into 802,916,552 shares, each share having a par value of NOK 0.0.8 and carrying one vote in the Company’s general meeting.

In addition, according to the authorisation the board of directors resolved to make a new total grant of 11,432,190 RSUs and performance shares (“Performance Shares”) in accordance with the LTIP. The total number of RSUs and Performance Shares granted by the board of directors equals 1.42% of total shares issued in the Company.

The granted RSUs are subject to a time-based vesting. Of the total granted, 50% will vest rateably on each of the first three anniversaries of the grant date. Vesting of the Performance Shares is based on the achievement of financial or other performance goals. The number of Performance Shares that vest will be decided by the board of directors after year end 2027 with vesting on 17 January 2028. RSUs and Performance Shares are automatically exercised at vesting with an exercise price corresponding to the par value of the shares being NOK 0.08.

Of the total grant the following was granted to primary insiders:
• Carl Johnson was granted 548,944 RSUs and 548,944 Performance Shares
• Ashar A. Ashary was granted 379,993 RSUs and 379,993 Performance Shares
• Gail A. Balcerzak was granted 410,755 RSUs and 410,755 Performance Shares
• Nicholas Mayer was granted 358,181 RSUs and 358,181 Performance Shares
• Odd Terje Lium was granted 255,551 RSUs and 255,551 Performance Shares
• Laura Krahn, Vice President Digital Technology and Architecture was granted 269,987 RSUs and 269,987 Performance Shares
• Khazeem Adesokan was granted 336,091 RSUs and 336,091 Performance Shares
• Anne Lene Gullen Bråten was granted 186,441 RSUs and 186,441 Performance Shares

Primary insider notifications pursuant to the market abuse regulation article 19 are attached.

For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: John.Andersen@scatec.no
Tel: +47 90 17 40 80

Carl Johnson, CEO of Norsk Titanium
Email: Carl.Johnson@norsktitanium.com
Tel: +1 518 324 4010

Ashar Ashary, CFO of 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 700 MT of production capacity, 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 5-12 of the Norwegian Securities Trading Act.

Kilde

[Aaleby]

“Closing the first year with meaningful revenue - H2(24) preview” -Carnegie (betalt analyse)

norsk_titanium_250121.pdf (351,9 KB)

[TekBot]

Norsk Titanium AS: Correct number of exercised RSUs and mandatory notification of trade

Oslo, Norway, 22 January 2025: Reference is made to the stock exchange announcement published by Norsk Titanium AS (the “Company”) on 17 January 2025 regarding the exercise of Restricted Share Units (“RSU’s”) under the Company’s long-term incentive program (the “LTIP”).

In addition to the 996,762 RSU’s exercised by the participants in the LTIP, Primary insiders in the Company’s LTIP exercised 685,718 RSU’s. In total 1,682,480 Restricted Share Units RSUs have been exercised.
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The Company has resolved to settle 364,319 RSUs with cash consideration to allow the beneficiaries to settle taxes. The remaining 1,381,161 RSUs exercised will be settled by issuance of new shares in the Company, as resolved by the Board of Directors on 17 January 2025.

Attached are the primary insider notifications pursuant to the market abuse regulation article 19.

This information is subject to the disclosure requirements pursuant to the market abuse regulation article 19 and 5-12 of the Norwegian Securities Trading Act.

For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: John.Andersen@scatec.no
Tel: +47 90 17 40 80

Carl Johnson, President and CEO of Norsk Titanium
Email: Carl.Johnson@norsktitanium.com
Tel: +1 518 324 4010

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 700 MT of production capacity, 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.

Kilde

[TekBot]

Norsk Titanium AS –Share capital increase registered

Oslo, Norway, 24 January 2025: Reference is made to the stock exchange notices by Norsk Titanium AS (“Norsk Titanium” or “Company”) published on 17 and 22 January 2025 regarding the resolution by the board to increase the share capital in connection with exercise of restricted share units according to the Company’s long term incentive program. The issuance of 1,381,161 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of Norsk Titanium is NOK 64,276,202.08 divided into 803,452,526 shares, each share having a par value of NOK 0.08 and carrying one vote in the Company’s general meeting.

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This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Growth Oslo and section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact:
Carl Johnson, CEO of Norsk Titanium
Email: Carl.Johnson@norsktitanium.com
Tel: +1 518 324 4010

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 700 MT of production capacity, 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.

Kilde

[TekBot]

Norsk Titanium: Invitation to operational update of fourth quarter 2024

28 January 2025: Norsk Titanium AS (Euronext: NTI, OTCQX: NORSF) will release its operational update for Q4 2024 on Tuesday 4 February 2025 at 07:30 CEST (1.30am EDT), and hereby invites investors, analysts, and other stakeholders to a webcast presentation and Q&A session on the same day at 08:00 CEST (2:00am EDT).

Please use the following link to access the webcast:
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https://channel.royalcast.com/webcast/hegnarmedia/20250204_3

The presentation will be followed by a Q&A session, where participants may submit written questions during the presentation in the webcast window. The webcast will be recorded and available through the same link.

The operational update and presentation will be made available at NewsWeb and the Company’s IR-web: Norsk Titanium

For further information, please contact:

Ashar Ashary
Chief Financial Officer
ashar.ashary@norsktitanium.com
+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 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. The 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.

www.norsktitanium.com

Kilde

[Michele]

Airbus pres på NTI teknologi:

AMF24_PDF_Airbus+GmbH+-+Premium+Aerotec_Jan+Roman+H%C3%B6nnige_5.pdf

[Elektrum]

Står at den er fra Q1 2024

[Michele]

Det stemmer. Står også at DED skal være implementert på alle Airbus flytyper innen 2027(om 2 år). Virker som man kan forvente en betydelig ramp up fremover. NTI er eneste kvalifiserte DED leverandør hos Airbus.

[Pk2k]

Det hårete målet for 2026 er nok ikke der for ingenting

[Aaleby]

@Michele

Står også at DED skal være implementert på alle Airbus flytyper innen 2027(om 2 år)

Visualisering for de late

[Michele]

ASMLs ordreinngang ble 7,1 milliarder euro i fjerde kvartal 2024, en økning fra 2,6 milliarder euro i tredje kvartal. Ifølge Visible Alpha-konsensus var det på forhånd ventet en ordreinngang på 4,0 milliarder euro.

[Aaleby]

Veldig interessant fremtidspek. Hvor er denne presentasjonen hentet fra?

[Sorene]

@Aaleby

Hvor er denne presentasjonen hentet fra?

Til Info – ejer ikke selv aktien, men kanske perspektiv i ASML

Europæisk chipgigant overrasker positivt - aktien banker op

Dansken

[Aaleby]

Takker. Tenkte mer på PDF-filen som virker å enten være direkte fra Airbus eller via Premium AEROTEC.

[Anunnaki666]

Biter oss merke i at Airbus har en tydelig plan for å øke bruken av DED i strukturelle komponenter noe som KAN gi NTI en stabil og voksende inntektsstrøm. Hvisomattedersom NTI er den eneste kvalifiserte leverandør burde det gi dem en sterk forhandlingsposisjon. Airbus vil neppe risikere forsinkelser ved å bytte leverandør med det første.
At Airbus planlegger å bruke DED i stadig større komponenter og på flere flytyper kan jo bety at NTI får enda større kontrakter etter hvert.
Spørsmålet er hvor raskt NTI kan skalere opp produksjonen for å møte etterspørselen.

Edit: Interessant nok nevnes også spesifikke bruksområder som A350-fuselage, pylon, landingsutstyr og dørkarmer noe som antyder at DED vil erstatte tradisjonelle smidde titankomponenter. Dette kan jo ha en stor innvirkning på forsyningskjeden og kostnadsbildet for Airbus

[Pk2k]

@Anunnaki666

Spørsmålet er hvor raskt NTI kan skalere opp produksjonen for å møte etterspørselen.

Mener det kommer like raskt som ordrene, de har fabrikken og maskinene klare.

[Bearwizarf]

Håper på en god rapport på tirsdag…økte beholdningen litt i dag…tok gevinst fra en ut av det blå oppgang i Nordic Unmanned og satset på NTI

[Tyrefekter]

Krysser fingra for i morgen

[Aaleby]

Har forlengst akseptert muligheten for at selskapet er kronisk evneveik hva guiding angår og at 2025 kan bli betraktelig verre kursmessig før ting blir bedre igjen. Viktigste blir å se tegn til at implementeringen av nye serieproduserte deler hos Boeing og Airbus går sin gang - selv om tempoet worse case skulle gå saktere(nok en gang) enn hva man har blitt forespeilet.

[Winter]

Nå har de nedjustert guidingen endel ganger i 2024 og klarer de ikke holde det siste estimatet fra Q3 rapporten så er det direkte svakt, mtp det lille tidsaspektet på 3 mndr.

NTI hadde hatt det bedre med seg selv og aksjonærene likeså dersom guidingen eksempelvis hadde vært 100m USD og ikke 150 USD i 2026. Selskapet og fremdriften hadde uansett vært det samme, og 100m USD i 2026 hadde uansett ikke vært lite alt annet hadde vært pluss i boken istedet for å sikte for høyt i utgangspunktet.

Noe av trøsten skulle det være dårlige tall imorgen er jeg uansett tror det kommer seg i 2025, og skulle mye “gå galt” så ville vel NTI være en het oppkjøpskandidat til litt mer enn dagens kurs uansett for alt vi vet, mtp kundelisten, teknologien og patentene pluss det de har på gang (Inconel).

Håper på nøytrale eller gode Q-tall imorgen, sitter uansett.