Bergen,8 May 2024 : Reference is made to the stock exchange announcement byM Vest Water AS (the "Company") on23 April 2024 regarding the successfully placed private placement of 2,500,000 new shares in the Company, each at a subscription price ofNOK 8.00 (the "Offer Price ") (the "Private Placement"), and the conversion of a shareholder loan into additional 1,017,827 new shares in the Company at a price per share equal to the Offer Price (the "Conversion Shares"). The share capital increases pertaining to the Private Placement and the Conversion Shares, are now registered with theNorwegian Register ofBusiness Enterprises . Following the registration, the Company's share capital isNOK 74,482.8779868316 (registered as 74,482.88), divided into 32,717,827 shares, each with a nominal value ofNOK 0.002276522765 . For further information, please contact: Stein Giljarhus, CEO, stein.giljarhus@mvestwater.com, +47 90 54 08 32Morten Hilton Thomassen , CFO, mht@mvestwater.com, +47 92 25 85 70 AboutM Vest Water AS : M Vest Water is an environmental technology company which has developed unique products and solutions to the water treatment industry, both Industrial as well as the Municipal markets. The products are non-toxic, biodegradable and without any harm to the environment. It obtains the highest degree of purification in a cost-efficient arrangement. M Vest Water is listed on Euronext Growth under the ticker MVW. For more information, visit www.mvestwater.com. This information is subject to disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act.
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