21 May 2026 - Reference is made to the stock exchange announcements published by
Endúr ASA ("The Company") on 14 April 2026, regarding the agreement to purchase
100 % of the shares in Engelsen Total AS ("The Transaction").
The Company is pleased to announce that the Transaction has been successfully
completed. As a part of the Transaction, the Company will issue a total of
143,529 shares in the Company ("Consideration Shares") to the Sellers, through a
capital increase. The consideration shares will be subject to lock-up
restrictions, being released with 1/3 every 6 month after closing for key
personnel and with 1/2 every 6 month after closing for non-employed sellers.
The Company's share capital after the capital increase is NOK 25,668,211.5
divided into 51,336,423 shares, each with a nominal value of NOK 0.5.
For further information, please contact:
Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787
About Endúr:
Endúr ASA (XOSL: ENDUR) is a leading Scandinavian contractor headquartered in
Lysaker and listed on the Oslo Stock Exchange. The company specializes in
critical infrastructure, including bridges, quays, tunnels, and dams. Operating
as a disciplined serial acquirer (compounder), the group utilizes a
decentralized model that grants subsidiaries high autonomy to preserve their
technical expertise and local market positions. Endúr drives long-term value
through strategic platform acquisitions and targeted bolt-ons in fragmented
niche markets.
and targeted bolt-ons in fragmented\
niche markets.\