NORBIT ASA - New share capital registered

Trondheim, 15 July 2024: Reference is made to the stock exchange announcement by NORBIT ASA ("NORBIT" or the "Company") (Euronext Oslo Børs trading symbol: NORBT) on 12 July 2024 regarding completion of the acquisition of INNOMAR Technologie GmbH ("Innomar") and the resolution to issue 726,272 new shares to the founding management of Innomar as settlement for a portion of the purchase price relating to the acquisition.  

The share capital increase of NOK 72,627.20 pertaining to the issuance of the 726,272 new shares has today been registered with the Norwegian Register of Business Enterprises:

New share capital: NOK 6,352,376.30

New total number of shares: 63,523,763

Nominal value per share: NOK 0.10

For further information, please contact:

Per Jørgen Weisethaunet, CEO, +47 959 62 915
Per Kristian Reppe, CFO, +47 900 33 203

ABOUT NORBIT ASA

NORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe, has around 500 employees, and a worldwide sales and distribution platform.

For more information: www.norbit.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.