Oslo, 12 January 2022
The board of directors of Ensurge Micropower ASA (the "Company") resolved on 11 January 2022 to issue a total of 810,000 incentive subscription rights to employees in the Ensurge group. The grants were made under the Company's 2021 incentive subscription rights plan as resolved at the Annual General Meeting on 3 June 2021. The exercise price of the subscription rights is NOK 0.7001 per share. The subscription rights vest by 50% per year over two years and expire on 3 June 2026. Following the grants, there are 192,270,966 subscription rights issued and outstanding in the Company.
Contact
Ståle Bjørnstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com
Phone: +47 99 16 76 72
Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
