Volue AS (Volue, OSE: VOLUE-ME) invites investors, analysts, and journalists to an open company presentation on 15 October 2020 at 12:00 prior to its listing on Merkur Markets.

Volue is pleased to announce that the Private Placement (as defined below) has been successfully completed with a total transaction size of NOK 1,000 million through the allocation of 31,250,000 shares at a price of NOK 32.00 per share.

A Norwegian hydropower plant increased revenues from electricity production by 50 percent when accessing the intraday power market, compared to using the day-ahead market alone.

Volue has engaged ABG Sundal Collier ASA and Arctic Securities AS (the “Managers”) to advise on and effect a contemplated private placement of up to NOK 1,000 million in new and existing shares in the Company (the “Private Placement”).