2025-03-20 09:42:25
20 March 2025: Reference is made to the stock exchange announcement made by
Endúr ASA ("Endúr") on 18 March 2025 regarding the completion of the
acquisitions of 100% of the shares in Total Betong AS, Igang Totalentreprenør
AS, and Habto Holding AS, including HAB Construction AS and ProPoint Survey AS
(jointly, the "Acquisitions"), from Totalbetong Gruppen AS and certain minority
sellers (the "Sellers"). As announced therein, and as part of the completion of
the Acquisitions, the board of directors of Endúr resolved to increase Endúr's
share capital by NOK 3,666,666.50 by the issuance of 7,333,333 new shares to the
Sellers (the "Consideration Shares"), as partly settlement of the consideration
payable by Endúr for the Acquisitions.
The share capital increase pertaining to the issuance of the Consideration
Shares has now been registered with the Norwegian Register of Business
Enterprises:
- Share capital (new): NOK 25,156,330
- Total number of shares (new): 50,312,660 shares
- Nominal value of each share: NOK 0.50
For further information, please contact:
Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787
About Endúr ASA
Endúr ASA (OSE: ENDÚR) is a leading supplier of construction and maintenance
projects and services of marine infrastructure, including facilities for
land-based aquaculture, quays, harbours, dams, bridges and other specialized
concrete and steel projects. The company and its subsidiaries also offer a wide
range of other specialized projects and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endúr.no.
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This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rule Book II.