Valen, 10 October 2024: Reference is made to the stock exchange announcement by
Eqva ASA (the "Company") on 3 October 2024 (Private placement successfully
completed), 9 October 2024 18:48 (CEST) (Mandatory notification of trade) and 9
October 2024 19:00 (CEST) (Mandatory notification of trade).
As informed, Rune Skarveland (chairman of the board of the Company) and Trond
Narve Skarveland (board member of the Company) and their respective closely
associated investment companies Eikestø AS, Eikestø Eiendom AS, Fureneset
Eiendom AS and Fureneset Invest AS has transferred all of their 15.9 million
(21.2 percent) shares in the Company to Nordic Corporate Bank following
enforcement of security provided under two default loan facilities.
As the share capital increase has not been registered and gross proceeds has not
been released to the Company, the Company is evaluating together with the
managers and subscribers involved in the private placement to determine whether
the gross proceeds can be released to the Company in light of the newly
available information on share transfer from primary insiders and their close
relatives.
For further information, please contact:
Even Matre Ellingsen, CEO
Phone: +47 990 05 500
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock
exchange announcement was published by Petter Sørdahl, CFO in Eqva ASA, at the
time and date stated above in this announcement.