REC Silicon Registers Capital Increase Following Rights Issue Underwriting Settlement

REC Silicon ASA ( (RNWEF) ) has provided an announcement.

REC Silicon ASA has completed the share capital increase related to the issuance of 113,000,457 underwriting commission shares to Anchor AS, the underwriter of its fully underwritten rights issue of 4,078,000,000 new shares. Following the registration of this capital increase with the Norwegian Register of Business Enterprises, the company’s share capital now stands at NOK 461,162,611.60, divided into 4,611,626,116 shares with a nominal value of NOK 0.10 each.

The completion of this share issuance finalizes the settlement of underwriting fees in equity and confirms the enlarged capital base that supports REC Silicon’s broader financing effort through the rights issue. The transaction, advised by Arctic Securities as manager and bookrunner and Advokatfirmaet Schjødt as legal counsel, further stabilizes the company’s financial structure and underpins its position in the solar and electronics materials value chain.

More about REC Silicon ASA

REC Silicon ASA is a Norway-based producer of advanced silicon materials, supplying high-purity silicon gases to the global solar and electronics industries. Leveraging more than four decades of experience and proprietary technology, the company targets customers in high-tech manufacturing and is listed on the Oslo Stock Exchange under the ticker RECSI.

Average Trading Volume: 1,729,240

Current Market Cap: NOK1.08B

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