Reference is made to the private placement announced byEnsurge Micropower ASA ("Ensurge " or the "Company") on15 June 2023 and the approval of Tranche 2, as resolved by the Extraordinary General Meeting held on11 July 2023 ("EGM").Lars P. Eikeland , the Company's Interim Chief Executive Officer and Interim Chief Financial Officer, has acquired shares inEnsurge by taking over the subscription and payment obligation of an investor in Tranche 2. As a result of the aboveLars P. Eikeland subscribed for and was allocated 5,077,861 ordinary shares on20 July 2023 , each share having a subscription price ofNOK 0.10 . The shares will be issued upon registration of the share capital increase in theNorwegian Register ofBusiness Enterprises . Please see the enclosed form for further details about the transaction. ContactTerje Rogne , Chair Phone: +47 472 02 200 This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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