Reference is made to the stock exchange notice made by Quantafuel AS (the "Company") on18 January 2024 regarding the completion of an extraordinary general meeting in the Company (the "EGM"). The general meeting resolved to increase the share capital by issuance of new shares toPlanets UK Bidco Limited ("PlanetsUK "). The issuance of new shares shall act as settlement of the Company's commitments under the Facility, as defined in the Company's stock exchange notice on22 December 2023 . Following the transaction, PlanetsUK will, indirectly or directly, be the owner of 275,247,046 shares, equal to approx. 90.85% of the Company's share capital. Consequently, PlanetsUK is in the position to resolve a compulsory acquisition of the remaining shares in the Company pursuant to theNorwegian Private Limited Liability Companies Act section 4-26. The new share capital and number of shares have been registered with the Norwegian Registrar ofBusiness Enterprises . Share capital:NOK 3,029,830.23 Number of shares: 302,983,023 Par value of each share: 0.01 For further queries, please contact: Terje U. Eiken, CEO ofQuantafuel , +47 41 65 54 93 / terje.eiken@quantafuel.com *** AboutQuantafuel | https://quantafuel.comQuantafuel is a technology-based energy company converting waste plastics back into low-carbon synthetic oil products replacing virgin oil products.Quantafuel is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants and plans to establish several plants throughoutEurope and beyond. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book part II.
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