Ensurge Micropower ASA - Disclosure of Large Shareholdings

This disclosure is sent on behalf of a certain large shareholder in Ensurge Micropower ASA (the "Company").Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 15 June 2023 regarding a successful private placement of shares ("Private Placement"), through an allocation of 74,422,849 new shares in Tranche 1 and an allocation of 409,817,412 new shares in Tranche 2, for total gross proceeds (i.e. both tranches) of approximately NOK 48.4 million.Having been issued...

This disclosure is sent on behalf of a certain large shareholder in Ensurge Micropower ASA (the "Company").

Reference is made to the announcement by Ensurge Micropower ASA (the "Company") on 15 June 2023 regarding a successful private placement of shares ("Private Placement"), through an allocation of 74,422,849 new shares in Tranche 1 and an allocation of 409,817,412 new shares in Tranche 2, for total gross proceeds (i.e. both tranches) of approximately NOK 48.4 million.

Having been issued 15,368,992 new shares in Tranche 1 on 20 June 2023, Andreas Holding AS discloses the following information pursuant to Section 4-2 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations: 

Andreas Holding AS owns 49,368,992 shares, representing 6.03% of the Company's total number of outstanding shares. Prior to the issuance of the shares in Tranche 1, Andreas Holding AS owned 34,000,000 shares, representing 4.56% of the Company's total number of outstanding shares at such time. 

The disclosure obligation was triggered by Andreas Holding AS crossing above the 5% threshold of total number of voting rights and shares in Ensurge Micropower ASA.