(Oslo, Norway, 19 January 2022). Reference is made to the announcement by REC
Silicon ASA ("REC Silicon" or the "Company") published on 14 January 2022
regarding the board's resolution to issue 48,213,001 new shares (the "New
Shares") in the Company as a result of the agreement relating to a strategic
equity investment in the Company by Hanwha Solutions Corporation..
The Share capital increase related to the New Shares has now been registered
with the Norwegian Register of Business Enterprises. The new share capital of
the Company is NOK 420,625,659, divided into shares 420,625,659, each with a par
value of NOK 1.
For further information, please contact:
Douglas Moore, Chief Financial Officer
Phone: +1 509 766-9133
Email: douglas.moore@recsilicon.com
Nils O. Kjerstad IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no.
About REC Silicon
REC Silicon is a leading producer of advanced silicon materials, delivering
high-purity polysilicon and silicon gas to the solar and electronics industries
worldwide. We combine over 30 years of experience and proprietary technology
with the needs of our customers, with annual production capacity of more than
20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on
the Oslo Stock Exchange (ticker: RECSI), the Company is headquartered in
Lysaker, Norway.
For more information, go to: www.recsilicon.com
This information is subject to the disclosure requirements in Regulation EU
596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading
Act.