Kaldvík AS: Redelivery of borrowed shares to person closely associated with primary insider 

12 Jun 2025 11:36 CEST

Frøya, 12 June 2025: Reference is made to the stock exchange announcement by
Kaldvík AS (the "Company") on 5 June 2025 regarding share lending by Austur
Holding AS in connection with the private placement of new shares in the
Company (the "Private Placement").

The share capital increase pertaining to tranche 1 of the Private Placement has
now been registered, as announced by the Company yesterday on 11 June 2025, and
the 1,724,097 shares that were lent out by Austur Holding AS, a close associate
to Lars Måsøval, a primary insider in the Company, have now been redelivered to
Austur Holding AS.

For more information about the redelivery of the lent shares, see the attached
form of notification.

This information is subject to the disclosure requirements pursuant to MAR
article 19 and Section 5-12 the Norwegian Securities Trading Act.

For further information, please contact:
Roy-Tore Rikardsen, CEO: +354 791 0006 (mobile)
Róbert Róbertsson, CFO: +354 843 0086 (mobile)

More information:
Access the news on Oslo Bors NewsWeb site

648950_PDMR attachment - 12 June 2025.pdf