Share Issue/Capital Change • Jul 1, 2022
Share Issue/Capital Change
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Primary insider notice
OSLO, NORWAY - 1 July 2022. On 30 June 2022 Moata Pty Ltd, a close associate of the Company's CEO, Tony Duncan exercised 200 000 warrants in Circa Group AS. In accordance with the terms of the warrants, the price for the shares to be issued following exercise of the 200 000 warrants is NOK 0.975 per share, in total NOK 195 000.
Following issuance of the shares, Moata Pty Ltd will own 1,200,000 shares in the Company, equal to approximately 0.98% of the outstanding shares. Tony Duncan owns 5,480,000 shares in the Company, equal to approximately 4.50% of the outstanding shares.
The formal issuance of the new shares together with the increase of share capital will be finalized within a short period of time.
Please refer to the attached notifications of trading for further details.
About Circa
Established in 2006, Circa Group converts waste, non-food biomass into advanced bio-based chemicals with its proprietary Furacell™ process. Its developing product portfolio includes flavours, biopolymers, and bio-solvents including Cyrene™, an alternative to traditional polar aprotic solvents, which is produced in one step from platform biomolecule Levoglucosenone. By creating renewable chemicals from cellulose, Circa is extracting value from non-food, waste biomass and addressing a gap in the market by providing bio-based alternatives contributing to a more circular economy. In March 2021, Circa Group successfully listed on the Euronext Growth Market in Oslo, stock symbol CIRCA.
www.circa-group.com
Investor Contact Circa Group
Tone Leivestad, Chief Financial Officer
Circa Group AS
Tel: +47 406 39 455
Media Contact
Scott Engebrigtsen
Hill and Knowlton Strategies
Tel: +47 900 43 484
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