Elkem ASA – PDMR notification in connection with Private Placement
Oslo, 27 April 2021. Reference is made to the stock exchange announcement on 26 April 2021 the regarding successful completion of the private placement of 56,456,034 new shares (the "New Shares") in Elkem ASA (the "Company") (the "Private Placement"). In order to facilitate for settlement on a delivery versus payment basis in the Private Placement, a share lending agreement has been entered into by ABG Sundal Collier ASA, Bluestar Elkem International Co. Ltd. S.A and the Company. Pursuant to that agreement, Bluestar Elkem International Co. Ltd. S.A has agreed to lend 56,456,034 shares