Reference is made to the stock exchange announcement byOtovo ASA ("Otovo ") on28 February 2024 regarding the Company's board of directors' resolution to issue 417,860 new shares in connection with the Company's employee share purchase programme. The share capital increase pertaining to the issuance of 417,860 new shares has today been registered with theNorwegian Register ofBusiness Enterprises (Nw. Foretaksregisteret). The Company's new share capital isNOK NOK 2 800 073,84 divided into 280,007,384 shares, each with a nominal value ofNOK 0.01 . This disclosure is made pursuant to section 5-12 of theNorwegian Securities Trading Act. For further information, please contact:Lars Ekeland , General CounselPhone: +47 91 60 70 53 *** AboutOtovo : For homeowners,Otovo is the easiest way to get solar panels on the roof, and batteries in the home.Otovo is a marketplace that organises hundreds of local, vetted, high quality energy installers. The company uses its proprietary technology to analyse the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers. Follow us on investor.otovo.com for reports, financial calendar, contact details and more.
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