Reference is made to the stock exchange notice by BEWI on 31 August 2022 regarding the issuance of 2,238,188 consideration shares as partly settlement of BEWI's acquisition of 100 per cent of the shares in the Lithuanian insulation company UAB Baltijos Polistirenas (BalPol).

The share capital increase pertaining to the issuance of the new shares has been registered with the Norwegian Register of Business Enterprises:

Share capital (new): NOK 159,277,992

Total number of shares (new): 159,277,992

Par value of each share: NOK 1.00

Contact:

Charlotte Knudsen, Director of IR and Communications BEWI ASA, tel: +47 9756 1959

About BEWI ASA

BEWI is an international provider of packaging, components, and insulation solutions. The company's commitment to sustainability is integrated throughout the value chain, from production of raw materials and end goods, to recycling of used products. With a vision to protect people and goods for a better every day, BEWI is leading the change towards a circular economy.

BEWI ASA is listed at the Oslo Børs under ticker BEWI.

This information is published in accordance with the disclosure requirements in section 5-12 of the Norwegian Securities Trading Act and the Oslo Rule Book II.

https://news.cision.com/bewi-asa/r/bewi---new-share-capital-registered,c3625216

(c) 2022 Cision. All rights reserved., source Press Releases - English