Skip to main content

Ensurge Micropower ASA – Disclosure of Large Shareholdings

Written by Customer Service on . Posted in Public Companies.

This disclosure is sent on behalf of a certain large shareholder in Ensurge Micropower ASA (the “Company”).

Reference is made to the announcement by the Company on 3 July 2021 regarding the approval of warrant exercises and the subsequent issuance of 293,779,503 new shares following registration in the Norwegian Register of Business Enterprises. Due to the exercise of Warrants C and the issuance of new shares in the Company, a certain large shareholder discloses the following information pursuant to Section 4-2 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations.

Middelborg Invest AS will be issued 37,340,431 shares by conversion of the equal amount of Warrants C. Following the conversion, the shareholding of Middelborg Invest AS will represent 6.80% of the Company’s total number of outstanding shares, holding a total of 105,410,676 shares in the Company. Furthermore, Middelborg Invest AS owns 17,993,008 Warrants B with an exercise price of NOK 0.25 per share and which will be exercisable at any time until 20 August 2021. All unexercised Warrants will represent 1.16% of the Company’s total number of outstanding shares. All shares and unexercised Warrants combined will represent 7.96% of the Company’s total number of outstanding shares.

The threshold being passed is the percentage of shares and unexercised Warrants combined.

5 July 2021
Ensurge Micropower ASA

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.