Aqua Bio Technology - Major Shareholding Notification 2023

DISCLOSURE OF LARGE SHAREHOLDING - ROGER HOFSETH AND ASSOCIATED COMPANIES

29.8.2023 16:04:32 CEST | Aqua Bio Technology ASA | Major shareholding

notifications

Reference is made to the stock exchange announcements made by Aqua Bio

Technology ASA ("ABT" or the "Company") on 21 August 2023 regarding the result

of a subsequent offering (the "Subsequent Offering") and on 24 August 2023

regarding the Company convening a extraordinary general meeting (the "EGM")

whereby the EGM, among other things, resolved the issuance of new shares in

connection with the Subsequent Offering as further described therein (the "New

Shares").

Following the issuance of the New Shares, and upon the registration of the

corresponding share capital increases pertaining to the Private Placement and

the Subsequent Offering and subsequent delivery of such New Shares, Roger

Hofseth and associated companies, will hold a total of 9,225,426 shares in the

Company, representing 19,46 % of the total number of shares and voting rights.

The disclosure obligation was triggered by Roger Hofseth and associated

companies crossing below the 20 % threshold of total number of voting rights and

shares in the Company due to dilution following the Subsequent Offering. The

threshold was crossed on 21 August 2023.

This information is subject to the disclosure requirements pursuant to Sections

4-2 and 5-12 of the Norwegian Securities Trading Act.

DISCLOSURE REGULATION

This information is subject of the disclosure requirements pursuant to section

of 5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Håvard Lindstrøm, 004794132288, [email protected]

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable

biotechnology for use in skin care products. ABT's cosmetics ingredients are

highly effective and they provide the cosmetics industry with natural

alternatives to traditional ingredients. ABT is also marketing and distributing

natural skin care products developed by partners towards consumers and

professional users. Aqua Bio Technology is listed on Euronext Expand.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847556/2581/3607/Download%20announcement

%20as%20PDF.pdf

AI assistant