On 17 December 2025, the Supervisory Board of J. Molner AS (hereinafter the Company) adopted a resolution to increase the Company’s share capital by EUR 185,000 in connection with a capital structure optimisation transaction, whereby the creditor Matthew J. Halvorsen will assign to the Company claims arising from his loan agreements in the total amount of EUR 4,979,790 and, in return, acquire up to a 9.9% shareholding in the Company. The relevant information has been disclosed in stock exchange announcements available here: https://view.news.eu.nasdaq.com/view?id=1407125&lang=en and https://view.news.eu.nasdaq.com/view?id=1412508&lang=en.
The increase of the Company’s share capital was registered in the Commercial Register today, on 25 June 2026, and the new share capital amounts to EUR 1,871,001, divided into 1,871,001 ordinary shares with a nominal value of EUR 1 each.
The Company’s Management Board will now also apply for the admission to trading of the new shares issued in connection with the share capital increase on the First North market of Nasdaq Tallinn Stock Exchange.