Reference is made to the stock exchange announcement from Ensurge Micropower ASA
("Ensurge" or the "Company") on 28 September 2026 regarding the issuance of
subordinated and unsecured convertible loans in an aggregate principal amount of
NOK 21 million (the "Convertible Loans"), as part of a convertible loan
financing of up to NOK 35 million.
Coretech AS, a close associate of Thomas Ramm (Board member and primary
insider), has committed and been allocated NOK 7,000,000 of the Convertible
Loans. The Convertible Loans have a conversion price of NOK 1.00 per share (the
"Conversion Price").
Under the terms of the Convertible Loans, three (3) warrants (Nw. frittstående
tegningsretter) will be granted free of charge to the lenders for every NOK five
(5) allocated in the Convertible Loans. Coretech AS will accordingly be granted
4,200,000 warrants. Each warrant gives the right to subscribe for one (1) new
share in the Company at an exercise price equal to the Conversion Price.
The Convertible Loans have been issued pursuant to the board authorisation
granted by the Company's annual general meeting on 15 May 2026. The issuance of
the warrants remains subject to approval by the extraordinary general meeting in
the Company, expected to be held on or about 20 October 2026.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Norwegian Securities Trading Act.\