Change in the number of shares in Enersize Oyj

In connection with the recently completed fully guaranteed rights issue, Enersize Oyj ("Enersize" or the "Company") entered into guarantee agreements with a number of qualified investors. Two of the guarantors have now chosen to receive the guarantee compensation in the form of newly issued shares. The Board has, with the support of the authorization from the Extraordinary General Meeting on November 5, 2021, decided on a directed issue of a total of 4,999,999 shares in the Company, and the subscription price has been set at SEK 0.12.

As previously communicated via a press release on October 12, 2021, the Company has previously entered into a guarantee agreement with investors in the direct issue which was carried out in connection with the recently completed rights issue. In accordance with the guarantee agreements entered into, the guarantors had the opportunity to choose to receive guarantee compensation, which amounted to 10 percent of the guarantee amount, in the form of cash compensation or newly issued shares in the Company. Two guarantors have chosen to receive the guarantee compensation in the form of newly issued shares. Due to this, the Board has decided, with the support of authorization from the Extraordinary General Meeting on 5 November 2021, on a directed issue of a total of 4,999,999 shares in the Company to fulfill the Company's obligations to the guarantors in accordance with guarantee agreements entered into. The subscription price has been set by the Board at SEK 0.12 per share, which corresponds to the price of the recently completed issues, and where the current market situation has been taken into account. The share subscription price will be set off against the amount of the guarantee fee.

As communicated via a press release on December 3, 2021, the number of shares in the Company increased by 233,773,852 shares to a total of 467,547,705 shares after the rights issue and private placement were completed. Through the now decided private placement to guarantors, the number of shares in the Company increases to 472,547,704 shares, which corresponds to a dilution of approximately 1 percent.

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Change in the number of shares in Enersize Oyj

In connection with the recently completed fully guaranteed rights issue, Enersize Oyj (“Enersize” or the “Company”) entered into guarantee agreements with a number of qualified investors. Two of the guarantors have now chosen to receive the guarantee compensation in the form of newly issued shares. The Board has, with the support of the authorization from the Extraordinary General Meeting on November 5, 2021, decided on a directed issue of a total of 4,999,999 shares in the Company, and the subscription price has been set at SEK 0.12.

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Enersize Oyj announces final outcome of the rights issue

The rights issue in Enersize Oyj (“Enersize” or the “Company”), which was resolved at the Extraordinary General Meeting of Enersize on 5 November 2021 (the “Rights Issue”), was subscribed to 100 percent, corresponding to approximately SEK 14 million. In total, 116,886,926 shares were subscribed for, of which 59,856,938 with preferential rights, 20,416,719 without preferential rights and 36,613,269 within the framework of the procured consortium of underwriters. In addition, the Company will receive approximately SEK 14 million through the directed issue, which was resolved at the Extraordinary General meeting on 5 November 2021 (the “Directed Issue”), resulting in the Company receiving a total of approximately SEK 28 million before issuance costs.

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Enersize Oyj publishes information memorandum regarding the rights issue

Enersize Oyj (”Enersize” or the “Company”) today publishes an information memorandum by reason of the rights issue of shares resolved by the Extraordinary General Meeting of Enersize on 5 November 2021, in accordance with the proposal of the Board of Directors (the “Rights Issue”). Upon full subscription in the Rights Issue, the Company will receive approximately SEK 14 million before issue costs. The Rights Issue is secured through underwriting commitments corresponding to 100 percent of the maximum issue volume. Enersize also carries out a directed share issue of approximately SEK 14 million to ten qualified investors.

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Enersize Q3 2021 Company Brief

Enersize Oyj’s Q3 company brief can be found on the company’s website enersize.com. Below is a translation of selected parts of the Q3 2021 company brief originally published in Swedish on November 11, 2021, with title “Enersize offentliggör delårsrapport för tredje kvartalet 2021”.

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