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Standard Supply AS: Mandatory notification of trade – S.D. Standard ETC PLC – Share lending and allocation of new shares
Oslo, 19 June 2025
Reference is made to the stock exchange announcement from Standard Supply AS ("STSU" or the "Company") published on 19 June 2025 regarding the completion of a private placement through issuance of new shares (the "Private Placement" and the "New Shares").
In connection with the Private Placement, S.D. Standard ETC ("SDSD"), a company closely associated with the Company's Chairman of the Board, Espen Lundaas, and Board member Espen Landmark Fjermestad. SDSD has been allocated 277,777 New Shares, for a total subscription amount of approximately NOK 7.5 million.
Further, to arrange for settlement of the Private Placement, the Company has entered into a share lending agreement (the "Share Lending Agreement") with Arctic Securities AS (the "Settlement Agreement") and SDSD.
Pursuant to the Share Lending Agreement and for the purpose stated above, SDSD will lend out 938,631 new shares to the Settlement Agent in connection with settlement of Tranche 1 of the Private Placement. The share loan shall be settled by re-delivery from the Settlement Agent of New Shares in the Company following registration of the share capital increase pertaining to Tranche 1 of the Private Placement.
Further details about the transactions are available in the attached form.
For further information, please contact:
CEO Eldar Paulsrud at +47 481 65 599
standard-supply.com