FREYR – Demerger of wind business effective
OSLO, Norway, July, 2, 2021 – Reference is made to the release made by FREYR AS (“FREYR”) on June 30, 2021. The demerger of FREYR’s wind business into Sjonfjellet Vindpark Holding AS (“SVPH”) in accordance with the plan of demerger approved by FREYR’s general meeting on February 16, 2021, has been effected. One share and one warrant has been issued in SVPH in respect of each share and each warrant in FREYR, in each class of shares and each class of warrants. Trades in FREYR’s shares, as listed on the NOTC, will after today be trades without any rights to the SVPH shares. As set out in