Norsk Titanium Issues New Shares as Long-Term Incentive Units Are Exercised

Norsk Titanium AS ( (DE:84F) ) has provided an announcement.

Norsk Titanium has executed a tranche of its long-term incentive program, with participants exercising 2,620,439 restricted share units, including 943,074 exercised by primary insiders, at a subscription price equal to the nominal value of NOK 0.08 per share. To facilitate tax settlement, 599,493 RSUs will be settled in cash, while the remaining 2,020,946 units will be settled through the issuance of new shares, increasing the company’s share capital by NOK 161,675.68 to a total of NOK 82,357,669.76 divided into 1,029,470,872 shares, a move that modestly dilutes existing shareholders but underscores the company’s continued use of equity-based incentives to align management and employee interests with long-term corporate performance.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, specializing in cost-efficient production of value-added metal parts using its proprietary Rapid Plasma Deposition (RPD) technology. With 700 metric tons of production capacity, the company targets a large addressable market across commercial aerospace, defense, and industrial sectors by offering a cleaner, more sustainable alternative to traditional metal forming methods that reduces raw material use, energy consumption, and lead times.

YTD Price Performance: -2.66%

Average Trading Volume: 2,600,424

Current Market Cap: NOK1.2B

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