The board of directors of
16 Participants participated in the ESPP in the offering period, which expired on
Upon completion of the share issue, the Company's share capital will be
Primary insiders
*
* Arvind Kamath,
Please see the enclosed forms for further details on the transactions.
The ESPP is available on the Company's website. https://assets.milestoneinternet.com/ensurge-inc/pdf/ensurge-2023-employee-share-purchase-plan.pdf
Any person who is an eligible participant has been offered to subscribe for shares in the Company in connection with the ESPP. The ESPP is structured around two offering periods, starting on the first day of the calendar month following each planned public disclosure on Oslo Børs of the half-yearly and fourth quarter financial results of the Company, such calendar months being September through February and March through August. During each offering period, a fixed amount (up to 20% of the employee's gross (pre-tax) base salary or, in the case of contractors, up to 20% of the service fee payable to such contractor) is withheld from the employee's net salary or from the contractor's service fee, which fixed amount must be at least a total of
In accordance with Regulation (EU) 2017/1129 (the "Prospectus Regulation") Article 1 (5) h, issuance of shares in connection with the ESPP is exempt from the obligation to publish a listing prospectus.
About Ensurge Micropower:
Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1 to 100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), digital and health wearables, sports and fitness devices, and IoT sensor solutions that use energy harvesting to power everyday things. The Company's state-of-the-art manufacturing facility, located in the heart of
E-mail: lars.eikeland@ensurge.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Attachments
- Arvind_Kamath
- Lars_P _Eikeland
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