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Norsk Titanium AS — Share Issue/Capital Change 2025
Jan 24, 2025
3686_rns_2025-01-24_b4fce716-1fce-4641-829a-0fad04a2c351.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 January 2025: Reference is made to the stock exchange notices by Norsk Titanium AS ("Norsk Titanium" or "Company") published on 17 and 22 January 2025 regarding the resolution by the board to increase the share capital in connection with exercise of restricted share units according to the Company's long term incentive program. The issuance of 1,381,161 new shares has been registered with the Norwegian Register of Business Enterprises. Following registration, the share capital of Norsk Titanium is NOK 64,276,202.08 divided into 803,452,526 shares, each share having a par value of NOK 0.08 and carrying one vote in the Company's general meeting.
This information is published in accordance with the requirements of the Continuing Obligations for companies listed on Euronext Growth Oslo and section 5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
Carl Johnson, CEO of Norsk Titanium
Email: [email protected]
Tel: +1 518 324 4010
Ashar Ashary, CFO Norsk Titanium AS
Email: [email protected]
Tel: +1 518 556 8966
About Norsk Titanium:
Norsk Titanium is a global leader in metal 3D printing, innovating the future of metal manufacturing by enabling a paradigm shift to a clean and sustainable manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®) technology and 700 MT of production capacity, Norsk Titanium offers cost-efficient 3D printing of value-added metal parts to a large addressable market. RPD® technology uses significantly less raw material, energy, and time than traditional energy-intensive forming methods, presenting customers with an opportunity to better manage input costs, logistics, and environmental impact. RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium has gained significant traction with large defense and industrial customers.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.