Reference is made to the previous stock exchange announcements published by EAM Solar AS (the "Company") regarding the rights issue of up to NOK 110,000,000 new shares in the Company (the "Offer Shares"), each with a nominal value of NOK 0.5 at a subscription price of 0.5 per Offer Share (the "Subscription Price"), to raise gross proceeds of up to NOK 55 million (the "Rights Issue").
North Sea Group AS, a company ultimately owned by Kurt Austrått, member of the board of directors of the Company, has been allocated 4 714 361 Offer Shares in the Rights Issue. North Sea Group AS will also receive 1 500 000 shares as compensation for its underwriting commitment. Following the completion of these transactions, Austrått and companies affiliated with Austrått will own 6 214 411 shares in the Company.
Please find attached the notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.
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