Scatec ASA – Share Capital Increase

PVTIME – The board of directors of Scatec ASA (“Scatec“) has resolved to issue 53,257 shares to key employees following exercise of employee share options, pursuant to the company’s share option programme established in 2016 and prolonged in 2019.

Through the share option exercise, Scatec is increasing the number of shares by 0.0335% to 158,917,275.

Share capital after the option exercise:

Scatec’s share capital will be increased with NOK 1,331.425 by issuing 30,379 new shares at a subscription price of NOK 69.99 and 22,878 new shares at a subscription price of NOK 112.79. Following completion of the share capital increase, the company’s share capital will be NOK 3,972,931.875 divided on 158,917,275 shares, each with a nominal value of NOK 0.025.