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Nordic Unmanned ASA

Share Issue/Capital Change Oct 12, 2023

3682_rns_2023-10-12_bbc88fde-991a-4c23-9e98-17dd93ec36a6.html

Share Issue/Capital Change

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Nordic Unmanned ASA- Key information relating to the potential subsequent repair

Nordic Unmanned ASA- Key information relating to the potential subsequent repair

12.10.2023 20:26:52 CEST | Nordic Unmanned | Additional regulated information

required to be disclosed under the laws of a member state

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN CANADA,

JAPAN, AUSTRALIA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH SUCH

RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES

NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement published on 12 October

2023 by Nordic Unmanned ASA ("Nordic Unmanned" or the "Company") (ticker: NUMND)

announcing the successfully placed private placement of new shares in the

Company at a price of NOK 0.50 per share (the "Offer Price"), raising gross

proceeds of NOK 70 million (the "Private Placement"). The Company may, subject

to completion of the Private Placement and certain other conditions, decide to

carry out a subsequent repair offering of up to NOK 35 million, which is

equivalent to 70,000,000 new shares at the Offer Price in the Private Placement

(the "Subsequent Offering").

The following key information is given with respect to the Subsequent Offering:

Date on which the terms and conditions of the repair issue were announced: 12

October 2023

* Last day including right: 12 October 2023

* Ex-date: 13 October 2023

* Record date: 16 October 2023

* Date of approval: 27 October 2023 (Extraordinary general meeting)

* Maximum number of new shares: 70,000,000

* Subscription price: NOK 0.50 per share

Other information: The Subsequent Offering is conditional on, inter alia, the

Company's general meeting granting the Board with an authorization to carry out

the Subsequent Offering and the Board resolving to carry out the Subsequent

Offering. Launch of the Subsequent Offering, if carried out, will also be

contingent on publishing a prospectus. Further description of the Subsequent

Offering and the terms and other circumstances that must be taken into

consideration when subscribing for shares will be announced later.

Notwithstanding the foregoing, the Company's Board may, in its sole discretion,

decide that the Company shall not carry out the Subsequent Offering, for example

if the prevailing market price of the Company's share trade lower than the

subscription price, thereby making a subsequent offering redundant.

The subscription period in the Subsequent Offering will, subject to the above

conditions, commence shortly after registration and publication of a national

prospectus pursuant to section 7-9 of the Norwegian Securities Trading Act.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

Contacts

*Stig H. Christiansen, CEO, Nordic Unmanned ASA, +47 478 07 813,

[email protected] - [email protected]*

*Lars A. Landsnes, CFO & COO, Nordic Unmanned ASA, +47 951 40 370,

[email protected]

*Thomas A. Ladsten, CLO, Nordic Unmanned ASA, +47 99 29 46 02,

[email protected]

Important information

This announcement is not and does not form a part of any offer for sale of any

securities, and is not for release, publication or distribution, directly or

indirectly, in the United States, or any other jurisdiction in which such

distribution would be unlawful or would require registration or other measures.

Securities may not be sold in the United States absent registration with the

United States Securities and Exchange Commission or an exemption from

registration under the U.S. Securities Act of 1933, as amended.

The Company does not intend to register its securities in the United States. The

distribution of this announcement into jurisdictions other than Norway may be

restricted by law. Persons into whose possession this announcement comes should

inform themselves about and observe any such restrictions. Any failure to comply

with these restrictions may constitute a violation of the securities laws of any

such jurisdiction. This announcement has not been approved by any regulatory

authority.

ABOUT NORDIC UNMANNED

Nordic Unmanned is a leading European manufacturer (OEM) and certified operator

of unmanned aircraft systems ("UAS").

We are serving large corporations, government agencies and security customers by

offering systems, solutions and flight services for environmentally friendly

delivery of productivity improvements and time critical, actionable data

insights and logistics services.

Our solutions and services are organized in the three business segments as

follows:

Flight Services: is a technology-agnostic flight services operator providing

time-critical actionable data to large corporate and governmental customers. The

segment also includes Ecoxy AS, NUAer AS and Resale.

AirRobot: is an Equipment Manufacturer (OEM) with a leading product platform in

lightweight drones and sensors (payloads) tailored for defense and security.

DroneMatrix: is an Equipment Manufacturer (OEM) offering a fully integrated and

autonomous drone system with proprietary software for surveillance and security.

Nordic Unmanned is ISO 9001:2015 and ISO 14001:2015 certified for the operation,

maintenance, and sales of unmanned systems and sensor technology. AirRobot is

ISO 9001:2015 and EN 9100:2018 certified for its development and production

capabilities of unmanned systems.

Founded in Norway in 2014, Nordic Unmanned has offices in Sandnes (NO), Molde

(NO), Cranfield (UK), Hasselt (BE) and Arnsberg (GER). Nordic Unmanned also

comprise joint venture - Omni Unmanned SA with OHI Group SA (registered in

Luxemburg) and joint venture - NUAer AS with Aeromon OY (registered in Norway).

For more information visit - https://nordicunmanned.com/

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847587/2670/3714/Download%20announcement

%20as%20PDF.pdf

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