Reference is made to the stock exchange announcement bySkandia Greenpower AS (the "Company") on23 February 2023 regarding the extraordinary general meeting's approval of the private placement of 40,185,760 new shares. The share capital increase pertaining to the private placement was registered with theNorwegian Register ofBusiness Enterprises today. After this, the Company's new registered share capital isNOK 2,831,816.7 divided on 56,636,334 shares, each with a nominal value ofNOK 0.05 . For further information, please contact:Kristine Ribe-Christensen , Chief Executive Officer E-mail: kristine.ribe-christensen@elkompis.no Phone: +47 477 55 321
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