Oslo, Norway, 16 September 2025: Reference is made to the stock exchange announcement by Norsk Titanium AS (the "Company") on 9 September regarding the resolution by the board of directors of the Company to issue 105,553,600 new shares ("New Shares") in tranche 2 of the private placement announced by the Company on 21 August 2025 (the "Private Placement"), pursuant to the board authorization granted by the extraordinary general meeting on 5 September 2025. The New Shares shall be used for re-delivery of shares under the share lender agreement entered into by and between the Company, its shareholder Scatec Innovation AS as share lender and Arctic Securities AS and Pareto Securities AS as managers in Private Placement.
The share capital increase in connection with the issuance of the New Shares has today been registered in the Norwegian Register of Business Enterprises. The Company's new registered share capital is NOK 78,937,850.08 divided into 986,723,126 shares, each share having a par value of NOK 0.08 and carrying one vote in the Company's general meeting.
Please see the enclosed form for further details pursuant to article 19 of the EU Market Abuse Regulation.
For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: John.Andersen@scatec.no
Tel: +47 90 17 40 80
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 the Company on LinkedIn.com.