As part of debt settlement and to secure GFjord Invest as a going concern, 18 918 047 warrants and options was exercised in June 2021. The options and warrants both had an exercise price of NOK 0.3 per share and gave total liquidity and new equity of NOK 5 675 414. 

The new shares are now registered and distributed among the shareholders as detailed in the attachment.

After this issue, total number of outstanding shares is 49 163 219. 

In addition, there are 6 517 596 potential shares all exercisable at face value NOK 0.3 per share.

A table over the 20 largest owners and a full overview of outstanding and potential shareholdings are also attached.