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- Norsk Titanium AS –Share Capital Increase Registered
Norsk Titanium AS –Share capital increase registered
24 Jan 2025 14:44 CET
Issuer
Norsk Titanium AS
Oslo, Norway, 24 January 2025: Reference is made to the stock exchange notices
by Norsk Titanium AS ("Norsk Titanium" or "Company") published on 17 and 22
January 2025 regarding the resolution by the board to increase the share capital
in connection with exercise of restricted share units according to the Company's
long term incentive program. The issuance of 1,381,161 new shares has been
registered with the Norwegian Register of Business Enterprises. Following
registration, the share capital of Norsk Titanium is NOK 64,276,202.08 divided
into 803,452,526 shares, each share having a par value of NOK 0.08 and carrying
one vote in the Company's general meeting.
This information is published in accordance with the requirements of the
Continuing Obligations for companies listed on Euronext Growth Oslo and section
5-12 of the Norwegian Securities Trading Act.
For more information, please contact:
Carl Johnson, CEO of Norsk Titanium
Email: Carl.Johnson@norsktitanium.com
Tel: +1 518 324 4010
Ashar Ashary, CFO Norsk Titanium AS
Email: Ashar.Ashary@norsktitanium.com
Tel: +1 518 556 8966
About Norsk Titanium:
Norsk Titanium is a global leader in metal 3D printing, innovating the future of
metal manufacturing by enabling a paradigm shift to a clean and sustainable
manufacturing process. With its proprietary Rapid Plasma Deposition® (RPD®)
technology and 700 MT of production capacity, Norsk Titanium offers
cost-efficient 3D printing of value-added metal parts to a large addressable
market. RPD® technology uses significantly less raw material, energy, and time
than traditional energy-intensive forming methods, presenting customers with an
opportunity to better manage input costs, logistics, and environmental impact.
RPD® printed parts are already flying on commercial aircraft, and Norsk Titanium
has gained significant traction with large defense and industrial customers.
For the latest news, go to www.norsktitanium.com or follow us on LinkedIn.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Norsk Titanium AS
Provider
Oslo Børs Newspoint
Company Name
NORSK TITANIUM AS
ISIN
NO0010969108
Symbol
NTI
Market
Euronext Growth