Norsk Titanium Expands Share Capital and Incentive Programs

Norsk Titanium AS ( (DE:84F) ) has provided an update.

Norsk Titanium AS has announced the exercise of 996,762 Restricted Share Units (RSUs) as part of its long-term incentive program, leading to an increase in share capital by NOK 62,574.96. The company also granted 11,432,190 new RSUs and performance shares, representing 1.42% of total issued shares, with vesting conditions tied to time and performance metrics, which may impact its market positioning and stakeholder interests.

More about Norsk Titanium AS

Norsk Titanium is a global leader in metal 3D printing, leveraging its proprietary Rapid Plasma Deposition® (RPD®) technology to provide cost-efficient manufacturing of metal parts. The company focuses on sustainable manufacturing processes, offering significant reductions in raw material use, energy consumption, and production time. Norsk Titanium’s products are utilized in commercial aircraft and have gained traction with large defense and industrial customers.

YTD Price Performance: -10.91%

Average Trading Volume: 7,010

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €156.2M

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