The Board of directors of Endúr ASA (the 'Company') has, pursuant to a Board authorization granted by the Company's annual general meeting held on 18 June 2020, resolved to increase the Company's share capital with NOK 20,433.27 through the issuance of 2,043,327 new shares each with a nominal value of NOK 0.01 at a subscription price of NOK 1.00 per share.

The shares are issued to Eastern European Investment Management Sp Z.O.O ('EEIM') with settlement through conversion of EURO 195,000 of the outstanding convertible loan with exchange rate EUR 1 = NOK 10.4786, leaving a total outstanding convertible loan amount of EUR 260,000. The conversion is in accordance with the loan agreement with EEIM. The share capital increase is expected to be registered with the Norwegian Register of Business Enterprises on or about 1 March 2021. Following the registration, the Company's share capital is increased to NOK 7,347,108.63 for a total of 734,710,863 shares each with a nominal value of NOK 0.01 per share. This information is subject to the disclosure requirements of section 5-12 of the Securities Trading Act.

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Endur ASA published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 03:09:06 UTC.