23.4.2024 16:47:15 CEST | Aqua Bio Technology ASA | Major shareholding
notifications

Reference is made to the stock exchange notices from Aqua Bio Technology ASA
(the "Company" or "ABT") on 23 April 2024 regarding the amendment agreement
("Amendment Agreement") the Company entered into with Varming Holding AS
("Varming"), and the issuance of 4,708,935 new shares (the "New Shares"), each
at a subscription price of NOK 8.20 per new Share, to settle the share element
in accordance with the Amendment Agreement. The New Shares has today been
resolved by the Company's board of directors pursuant to a board authorization
registered in the Norwegian Register of Business Enterprises on 28 September
2023. The New Shares will be delivered to a separate ISIN pending the Company's
publication of an EEA listing prospectus approved by the Norwegian Financial
Supervisory Authority.

Following Varming's subscription of the New Shares, Varming and close associates
will own a total of 4,976,704 shares and votes in the Company, representing
approximately 8.49% of the outstanding votes and shares in the Company, and has
thereby exceeded the 5 % threshold pursuant to section 4-2 of the Norwegian
Securities Trading Act.

This information is subject to the disclosure requirements in article 19 of the
Regulation EU 596/2014 and sections 4-2 and 5-12 of the Norwegian Securities
Trading Act.

 

DISCLOSURE REGULATION

This information is subject of the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Håvard Lindstrøm, 004794132288, hl@aquabiotech.no 

ABOUT AQUA BIO TECHNOLOGY ASA

Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/3056/4365/Download%20announcement
%20as%20PDF.pdf

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