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    ENSU   NO0010299068

ENSURGE MICROPOWER ASA

(ENSU)
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Ensurge Micropower ASA - Grant of Incentive Subscription Rights

10/26/2021 | 01:30pm EST

Oslo, 26 October 2021

The board of directors of Ensurge Micropower ASA (the "Company") resolved on 26 October 2021 to issue a total of 7,020,000 incentive subscription rights to employees in the Ensurge group. The grants were made under the Company's 2021 incentive subscription rights plan as resolved at the Annual General Meeting on 3 June 2021. The exercise price of the subscription rights is NOK 0.6873 per share. The subscription rights vest by 50% per year over two years and expire on 3 June 2026. Following the grants, there are 198,149,369 subscription rights issued and outstanding in the Company.


Contact

Ståle Bjørnstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com
Phone: +47 99 16 76 72

Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com


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


© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2020 0,49 M - -
Net income 2020 -38,8 M - -
Net Debt 2020 20,4 M - -
P/E ratio 2020 -5,60x
Yield 2020 -
Capitalization 133 M 133 M -
EV / Sales 2019 48,5x
EV / Sales 2020 175x
Nbr of Employees 22
Free-Float 67,1%
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Technical analysis trends ENSURGE MICROPOWER ASA
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 0
Last Close Price 0,70 
Average target price
Spread / Average Target -
Managers and Directors
Kevin D. Barber Chief Executive Officer
David Williamson Chief Financial Officer
Morten Opstad Chairman
Arvind Kamath EVP-Technology Development & Manufacturing
Shannon Fogle VP-Global Human Resources & Administration
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