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Skandia GreenPower AS

Share Issue/Capital Change Feb 24, 2023

3743_rns_2023-02-24_f43146cc-2461-4b8d-9c5d-e7d6a79e2de3.html

Share Issue/Capital Change

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Skandia Greenpower AS - New share capital registered

Skandia Greenpower AS - New share capital registered

Reference is made to the stock exchange announcement by Skandia Greenpower AS (the "Company") on 23 February 2023 regarding the extraordinary general meeting's approval of the private placement of 40,185,760 new shares.

The share capital increase pertaining to the private placement was registered with the Norwegian Register of Business Enterprises today. After this, the Company's new registered share capital is NOK 2,831,816.7 divided on 56,636,334 shares, each with a nominal value of NOK 0.05.

For further information, please contact:

Kristine Ribe-Christensen, Chief Executive Officer

E-mail: [email protected]

Phone: +47 477 55 321

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