Circio Holding ASA - Exercise of subscription rights in the rights issue by primary insiders
Oslo, 5 July 2024: Reference is made to the stock exchange announcements by Circio Holding ASA (the "Company") on 24 June 2024, regarding the commencement of the subscription period for the rights issue (the "Rights Issue") and the receipt of subscription rights in the Rights Issue by certain primary insiders and close associates.
Damian Marron, Chairman of the board of directors, has on 5 July 2024 exercised 3,604 subscription rights, thus entitling him to be allocated 3,604 offer shares in the Rights Issue. In addition, Damian Marron has subscribed for 140,000 offer shares without subscription rights, thereby subscribing for a total of 143,604 offer shares at the subscription price in the Rights Issue, i.e., NOK 2.50 per offer share, and to be allocated a corresponding number in warrants without additional consideration, subject to allocation by the board of directors and the completion of the Rights Issue.
Please see the attached notifications of trade for information regarding the subscription rights exercised by primary insiders in the Rights Issue.
This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.