Oslo, 29 December 2025
Reference is made to the stock exchange announcement made by Fjord Defence Group
ASA (the "Company") on 18 December 2025 regarding the extraordinary general
meeting in the Company (the "EGM"), including the resolution by the EGM to
increase the Company's share capital in connection with the issuance of
13,333,333 new shares in the Company in the private placement successfully
placed on 27 November 2025 (the "Private Placement").
The share capital increase pertaining to the issuance of shares in the Private
Placement has been registered with the Norwegian Register of Business
Enterprises:
o Share capital (new): NOK 460,165,255.20
o Total number of shares (new): 54,781,578 shares
o Par value of each share: NOK 8.40
Settlement of the shares allocated to investors in the Private Placement took
place on 22 December 2025 on a delivery versus-payment (DVP) basis, with
existing shares in the Company admitted to trading on Euronext Oslo Børs
facilitated by a share lending agreement between the Company, the managers in
the Private Placement and certain large existing shareholders in the Company.
The new shares in the Private Placement will be issued to the Pareto Securities
AS, acting as settlement agent on behalf of the managers in the Private
Placement, for the purpose of settling the share loan.
For further information, please contact:
Jon Asbjørn Bø, CEO
jon.asbjorn.bo@fjorddefence.com
+47 930 86 932
ABOUT FJORD DEFENCE GROUP ASA
Fjord Defence Group ASA ("DFENS") is a Norwegian "compounder" listed on Euronext
Oslo Børs seeking to acquire and develop fast-growing, profitable, and well-run
companies in the defence industry. The company has a buy & build strategy, with
focus on acquiring established, profitable businesses within the defence,
security and related segments. More information on www.fjorddefencegroup.com.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and Euronext Oslo Rulebook II -
Issuer Rules.