Director's Dealing • Nov 7, 2023
Director's Dealing
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Beerenberg AS: Redelivery of borrowed shares to close associate of primary insider
Reference is made to the announcement published on 5 October 2023 regarding the share lending pursuant to which Segulah IV L.P. ("Segulah") and others lent shares in Beerenberg AS (the "Company") to SpareBank 1 Markets AS for the purpose of facilitating delivery in respect of the over-allotments made in connection with the private placement in the Company.
All of the borrowed shares were on 7 November 2023 returned by SpareBank 1 Markets AS to the share lenders.
1,583,408 of these shares were returned to Segulah, a close associate of the Company's board member Sebastian Ehrnrooth.
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and section 5-12 of the Norwegian Securities Trading Act.
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