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Norsk Titanium AS — Share Issue/Capital Change 2021
Jun 24, 2021
3686_rns_2021-06-24_54a1fd0e-20b0-4174-818e-61d224539c23.html
Share Issue/Capital Change
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Norsk Titanium AS: Share capital increase registered
Norsk Titanium AS: Share capital increase registered
Oslo, Norway, 24 June 2021: Reference is made to the stock exchange notice by Norsk Titanium AS ("Norsk Titanium" or the "Company") published on 16 June 2021 regarding a share capital increase following the exercise of the greenshoe option in connection with the private placement as further described in the stock exchange notice published by the Company on 6 June 2021.
The issuance of 1,233,135 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of Norsk Titanium is NOK 16,951,710.80 divided into 211,896,385 shares, each share having a par value of NOK 0.08 and carrying one vote in the Company's general meeting.
For more information, please contact:
John Andersen, Chairman of Norsk Titanium AS
Email: [email protected]
Tel: +47 90 17 40 80
Mike Canario, President and CEO of Norsk Titanium
Email: [email protected]
Tel: +1 518 324 4010
Ashar Ashary, VP Finance Norsk Titanium AS
Email: [email protected]
Tel: +1 518 556 8966
About Norsk Titanium:
Norsk Titanium AS was founded in 2007 in Norway, and has pioneered the use of its patented additive manufacturing process, Rapid Plasma Deposition™ (RPD™). Through its New York based subsidiary, Norsk Titanium US Inc., it has been supplying flight qualified structural components since 2017.
The company is distinguished in the aviation industry by its proprietary RPD™ technology that transforms titanium wire into complex components suitable for structural and safety-critical applications. Norsk Titanium is a supplier to Boeing, Spirit AeroSystems, Leonardo and GKN and is committed to cost-reducing aerostructures and jet engines for the world’s premier aerospace manufacturers. RPD™ is the world’s first FAA-approved process for manufacturing 3D-printed, structural titanium, delivering substantial lead-time and cost savings for aerospace, defense and commercial customers.
This information is subject to the disclosure requirements pursuant to Euronext Growth Oslo Rule Book - Part II.