Capsol Technologies ASA: Issue of new shares following share option exercise

Oslo, Norway, August 14, 2024


Capsol Technologies ASA (the “Company”) announces that a former member of the
Company’s board of directors and a former employee has exercised respectively
100,000 and 10,000 options (in total 110,000 options) under the Company’s share
incentive programme at a strike price of NOK 10 per share. As a result of the
exercise, the Company will deliver 110,000 new shares.

Thus, the board of directors has today resolved to issue 110,000 new shares at a
subscription price of NOK 10 per share, pursuant to the board’s authorisation to
issue new shares granted in the Company’s annual general meeting on May 8, 2024.


Following the issue of new shares, the Company’s share capital will be NOK
31,449,334.50 consisting of 62,898,669 shares each with a par value of NOK 0.5.

Following the exercise of the abovementioned options, remaining and outstanding
options in the Company amounts to 5,525,500.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.


For further information, please contact:
Ingar Bergh
Chief Financial Officer, Capsol Technologies ASA
+47 926 20 330
ingar.bergh@capsoltechnologies.com


About Capsol Technologies
Capsol Technologies ASA is a carbon capture technology provider with a goal of
accelerating the transition to a net zero future. The company offers a carbon
capture and heat recovery system in one for superior efficiency with a proven
and safe solvent, which is licensed either directly to customers or through
industrial partners globally. Key segments include cement, biomass,
energy-from-waste, and gas turbines. Capsol Technologies is listed on the Oslo
Stock Exchange (ticker: CAPSL). For more information visit
capsoltechnologies.com.

 

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