Oslo, Norway, 27 August 2025: Reference is made to the stock exchange announcement by Norsk Titanium AS (the “Company”) on 21 August regarding the completion of a private placement raising gross proceeds of approximately NOK 183 million (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 and tranche 2 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.
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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 21 August 2025 to issue 77,717,000 offer shares in tranche 1 of the Private Placement, of which Scatec Innovation AS subscribed for 30,410,945 offer shares, 47,306,055 new shares will be redelivered 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 70,493,562.08 divided into 881,169,526 shares, each share having 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
Carl Johnson, President & CEO Norsk Titanium AS
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
This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Growth Oslo, section 5-12 of the Norwegian Securities Trading Act and article 19 of the EU Market Abuse Regulation.
About Norsk Titanium AS:
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…com or follow the Company on LinkedIn.
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