Date:  December 18, 2024
Announcement no: 17
ISIN: DK0061676400



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OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS,
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"UNITED STATES"), AUSTRALIA, CANADA, NEW ZEALAND, SOUTH-AFRICA, THE HONG KONG
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WPU - Waste Plastic Upcycling A/S ("WPU" or the "Company") Announcement of
Capital Increase Registration
Reference is made to announcement no. 16 - 2024, dated December 17, 2024, which
addresses, among other matters, the exercise of warrants and the subscription
for a total of 1,527,900 newly issued company shares.
The warrants have been exercised, and the increase in the Company's share
capital has been registered with the Danish Central Business Register. A total
of 1,527,900 new shares have been issued.
Chairperson of the Board and Primary insider Niels Stielund has exercised
warrants to subscribe to 416,700 newly issued company shares.
Similarly Vice-Chairperson of the Board and Primary insider Klaus Henrik
Lindblad has exercised warrants to subscribe to 277,800 newly issued company
shares.
Furthermore, the former members of the Company's Board of Directors have
exercised their remaining warrants, subscribing to a total of 833,400 newly
issued Company shares.
Following the share capital increase, the Company's total share capital now
stands at DKK 527,075.53, distributed across 52,707,553 shares, each with a
nominal value of DKK 0.01.

For further information, contact: Klaus H Lindblad, Vice Chairman, E-mail:
KL@WPU-DK.COM.
 

Important notice:	
This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. Copies of
this announcement are not being made and may not be distributed or sent into any
jurisdiction in which such distribution would be unlawful or would require
registration or other measures. Persons distributing this communication must
satisfy themselves that it is lawful to do so. Matters discussed in this
announcement may constitute forward-looking statements. Forward-looking
statements are statements that are not historical facts and may be identified by
words such as "believe", "expect", "anticipate", "strategy", "intends",
"estimate", "will", "may", "continue", "should" and similar expressions. The
forward-looking statements in this release are based upon various assumptions,
many of which are based, in turn, upon further assumptions. Although the Company
believe that these assumptions were reasonable when made, these assumptions are
inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or impossible to
predict, and are beyond their control. Such risks, uncertainties, contingencies
and other important factors could cause actual events to differ materially from
the expectations expressed or implied in this release by such forward-looking
statements. The Company does not make any guarantee that the assumptions
underlying the forward-looking statements in this announcement are free from
errors nor does it accept any responsibility for the future accuracy of the
opinions expressed in this announcement or any obligation to update or revise
the statements in this announcement to reflect subsequent events. You should not
place undue reliance on the forward-looking statements in this announcement. The
information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement. Neither the Company nor any of its affiliates
makes any representation as to the accuracy or completeness of this announcement
and none of them accepts any responsibility for the contents of this
announcement or any matters referred to herein. This announcement is for
information purposes only and is not to be relied upon in substitution for the
exercise of independent judgment. It is not intended as investment advice and
under no circumstances is it to be used or considered as an offer to sell, or a
solicitation of an offer to buy any securities or a recommendation to buy or
sell any securities of the Company. Neither the Company nor any of its
affiliates accepts any liability arising from the use of this announcement. The
distribution of this announcement and other information may be restricted by law
in certain jurisdictions. Persons into whose possession this announcement or
such other information should come are required to inform themselves about and
to observe any such restrictions. 

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation, and is subject of the disclosure requirements of
section 5-12 of the Norwegian Securities Trading Act.