Share Issue/Capital Change • Jun 25, 2021
Share Issue/Capital Change
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Resolution to increase share capital
Circa Group AS: Resolution to increase share capital
OSLO, NORWAY - 25 June 2021. The board of directors of Circa Group AS (the “Company”) has today, 25 June 2021 resolved to issue 851,160 new shares following the exercise of warrants by Moata Pty Ltd on 25 June 2021, a close associate of the Company's CEO, Anthony Duncan.
The new shares will increase the Company's share capital to NOK 121,713,109 divided into 121,713,109 shares, each with a nominal value of NOK 1.
Following the exercise of warrants, Anthony Duncan and close associates have increased their shareholding from 5,908,840 shares to 6,760,000 shares.
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.circagroup.com.au
Media Contact
Kathryn Sheridan
Sustainability Consult
www.sustainabilityconsult.com
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