NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE HONG KONG SPECIAL
ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR THE UNITED STATES OR
ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD
BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.
Oslo, 25 September 2025:
Reference is made to the stock exchange announcements by Energeia AS (the
"Company") on 11 September 2025 regarding commencement of the subscription
period for the fully underwritten rights issue of 1,033,333,333 new shares
("Offer Shares"), at a subscription price of NOK 0.03 per Offer Share, raising
gross proceeds of NOK 31 million (the "Rights Issue").
The subscription period for the Rights Issue will expire today, 25 September
2025, at 16:30 hours (CEST).
Correctly completed subscription forms must be received by Norne Securities AS
(the "Manager"), or in the case of online subscriptions, be registered by the
expiry of the Subscription Period.
Subscription rights that are not used to subscribe for Offer Shares before the
expiry of the Subscription Period will have no value and will lapse without
compensation to the holder.
Further information about the Subsequent Offering and the subscription
procedures is included in the national prospectus dated 8 September 2025
prepared in relation to the Rights Issue, available at the Company's and the
Manager's websites, www.energeia.no/prospekter and www.norne.no/energeia,
respectively.
For further information, please contact:
Jarl Egil Markussen, CEO, e-mail: jarl@energeia.no and tel: +47 480 23 214