Reference is made to the stock exchange announcement made by Cloudberry Clean
Energy ASA ("Cloudberry" or the "Company") dated 30 September 2020 regarding the
grant of independent subscription rights ("warrants", Nw.: frittstående
tegningsretter) in the Company. The last exercise period for the warrants
expires today, 3 September 2025, after which these warrants will lapse without
compensation.
On this final day of the exercise period, the Company has received notices of
exercise for a total of 725,000 warrants. Each warrant entitles the holder to
one share in Cloudberry at an exercise price of NOK 12.20 per share.
Anders Lenborg, CEO and primary insider of the Company, has exercised 545,000
warrants. Cloudberry refers to the attached form in accordance with Regulation
EU 596/2014 ("MAR") article 19 for further details.
Following the warrant exercises, the Company's share capital will be increased
by NOK 181,250 through the issuance of 725,000 new shares, each with a par value
of NOK 0.25. Upon registration of the share capital increase, the Company's
share capital will be NOK 79,526,156, divided into 318,104,624 shares, each with
a par value of NOK 0.25.
For further information please contact:
Ole-Kristofer Bragnes, CFO, +47 91 70 34 15, okb@cloudberry.no
Anders Lenborg, CEO, +47 934 13 130, al@cloudberry.no
This information is subject to disclosure requirements set out in MAR article 19
and the Norwegian Securities Trading Act Section 5-12.
About Cloudberry
Cloudberry is a renewable energy company operating in the Nordics and in
accordance with local traditions. The Company owns, develops, and operates
hydropower plants and wind farms in the Nordics. Cloudberry is powering the
energy transition to a sustainable future by providing new renewable energy
today and for future generations. The Company believes in a fundamental long
-term demand for renewable energy in Europe. With this as a fundament,
Cloudberry is building a sustainable, scalable, efficient, and profitable
platform for creation of shareholder value. Cloudberry's shares are traded on
Oslo Stock Exchange's main list (Euronext Oslo Børs), supported by strong owners
and led by an experienced team and board. The Company has offices in Oslo,
Norway (main office), Karlstad, Gothenburg and Eskilstuna, Sweden and Lemvig
Denmark. To learn more about Cloudberry, go to www.cloudberry.no