Oslo, Norway, 16 December 2021: Reference is made to the stock exchange notice
from Cloudberry Clean Energy ASA ("Cloudberry" or the "Company") on 8 December
2021 regarding the successful private placement and issuance of 41,379,310 new
shares at a subscription price of NOK 14.50 per share (the "Private Placement").
The new share capital pertaining to the Private Placement has today been
registered with the Norwegian Register of Business Enterprises (Nw.:
Foretaksregisteret). The Company`s share capital has been increased by NOK
10,344,827.50 by the issuance of 41,379,310 new shares.
The Company's new share capital is NOK 58,811,161.50 divided among 235,244,646
shares, each with a nominal value of NOK 0.25. Each share carries one vote.
38,750,000 of the new shares will be registered with the Central Securities
Depository (VPS) on ISIN NO0010876642, which is the same ISIN as the Company's
existing shares and be listed on Oslo Børs from issuance in the VPS.
The remaining 2,629,310 of the new shares will be registered with the VPS on a
separate ISIN from the existing shares of the Company, pending publication by
the Company of a listing prospectus (the "Listing Prospectus") and will not be
tradable on Oslo Børs until the Listing Prospectus has been approved by the
Norwegian Financial Supervisory Authority and published by the Company.
Following publication of the Listing Prospectus, the 2,629,310 shares will
assume the same ISIN in the VPS as the other outstanding shares of the Company
and be tradable on Oslo Børs.
For further information please contact:
Christian Helland, CVO, +47 418 80 000, ch@cloudberry.no
Suna Alkan, CSO, +47 913 02 907, sa@cloudberry.no
This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act. This stock exchange announcement
was published by Suna F. Alkan, Chief Sustainability Officer, Cloudberry Clean
Energy ASA, on 16 December 2021 at 11:15 (CET).
About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local tradition. The Company owns, develops, and operates
hydropower plants and wind farms in Norway and Sweden. Cloudberry is powering
the energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry`s shares are traded on
Oslo Stock Exchange's main list (Oslo Børs), supported by strong owners and led
by an experienced team and board. The Company has offices in Oslo, Norway (main
office) and Karlstad, Sweden. To learn more about Cloudberry, go to
www.cloudberry.no