Standard Supply AS: Mandatory notification of trade – Share lending S.D. Standard ETC PLC

18 Nov 2022 14:51 CET

Reference is made to the stock exchange announcement by Standard Supply AS (the
"Company") on 6 November 2022 regarding completion of a private placement
through issuance of new shares (the "Private Placement") and the stock exchange
announcement by the Company on 17 November 2022 regarding registration of the
share capital increase pertaining to the Private Placement with the Norwegian
Register of the Business Enterprises. To arrange for settlement of the Private
Placement, the Company has previously entered into a share lending agreement
(the "Share Lending Agreement") with Clarksons Securities AS (the "Settlement
Agreement") and S.D. Standard ETC PLC ("SDSD").

Pursuant to the Share Lending Agreement and for the purpose stated above, SDSD
lent out 44,085,106 new shares to the Settlement Agent. Following registration
of the share capital increase pertaining to the Private Placement, SDSD has now
received 44,085,106 from the Settlement Agent as settlement of the Share Lending
Agreement.

SDSD is a close associate of Chairman Martin Nes, and the share lending is
therefore a notifiable transaction pursuant to the Market Abuse Regulation
article 19. Further details about the transaction are available in the attached
form.

For further information, please contact:
Espen Landmark Fjermestad, CEO of Standard Supply AS: Tel: +47 952 04 493

More information:
Access the news on Oslo Bors NewsWeb site

576195_221118 - Notification form - Share lending SDSD - re-delivery(1861554.1).pdf