Announcement • Jun 29
Ocean Geoloop Asa Announces Resignation of Hans Gude Gudesen from the Board Ocean GeoLoop ASA announced that the members of the Board of Directors decided to resign from the Board due to differing views regarding the Company's future strategic direction and governance issues. Company announced resignation of Hans Gude Gudesen from the board. The Board called an Extraordinary General Meeting to elect a new Board of Directors. The Board will convene an Extraordinary General Meeting as soon as reasonably practicable, at which the election of a new Board of Directors will be on the agenda. New Risk • Jun 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 188% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (53% average weekly change). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (188% increase in shares outstanding). Market cap is less than US$10m (€6.13m market cap, or US$6.96m). Announcement • Jun 23
Ocean GeoLoop AS has completed a Follow-on Equity Offering in the amount of NOK 0.380371 million. Ocean GeoLoop AS has completed a Follow-on Equity Offering in the amount of NOK 0.380371 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 760,741
Price\Range: NOK 0.5
Transaction Features: Rights Offering Reported Earnings • May 23
Full year 2025 earnings released Full year 2025 results: Revenue: kr204.9m (down 13% from FY 2024). Net loss: kr122.2m (loss widened 204% from FY 2024). Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Ida Pernille Teien was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 14
Ocean GeoLoop AS has filed a Follow-on Equity Offering in the amount of NOK 2.4 million. Ocean GeoLoop AS has filed a Follow-on Equity Offering in the amount of NOK 2.4 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 4,800,000
Price\Range: NOK 0.5
Transaction Features: Rights Offering Announcement • Feb 23
Ocean GeoLoop AS to Report Fiscal Year 2025 Final Results on May 21, 2026 Ocean GeoLoop AS announced that they will report fiscal year 2025 final results on May 21, 2026 Announcement • Jan 23
Ocean GeoLoop AS Announces Appointment of Iver Baatvik as Interim Chief Financial Officer, Effective January 22, 2026 Ocean GeoLoop AS on 22 January 2026 announced following the tragic passing of CFO Maria Hosen, the company has appointed Iver Baatvik as Interim Chief Financial Officer. Baatvik brings more than 15 years of experience in corporate finance, financial strategy and capital markets, including senior roles in BW LPG and leading Nordic financial institutions. He has led multiple capital markets transactions and brings strong experience within investor management, structured financing and financial governance. He assumes the position with immediate effect. Announcement • Jan 06
Ocean GeoLoop AS Announces Passing of Chief Financial Officer Maria Hosen Ocean GeoLoop AS announced with deep sorrow that its Chief Financial Officer, Maria Hosen, passed away following a sudden medical episode. Maria Hosen was a highly respected and trusted colleague who made significant contributions to Ocean GeoLoop over many years. She was greatly valued within the organization and by the company’s partners and stakeholders. Announcement • Dec 20
Ocean GeoLoop AS, Annual General Meeting, Apr 30, 2026 Ocean GeoLoop AS, Annual General Meeting, Apr 30, 2026. Announcement • Dec 12
Ocean GeoLoop AS, Annual General Meeting, Apr 24, 2025 Ocean GeoLoop AS, Annual General Meeting, Apr 24, 2025. Announcement • Sep 13
Ocean Geoloop AS Announces Resignation of Lars P. Sperr as Director Ocean GeoLoop AS announced that Director Lars P. Sperr that he has accepted a new full-time role which requires him to resign from the director role. The company will continue with the remaining board consisting of six directors which is in accordance with the company’s article of association and will not engage in a replacement for the time being. Announcement • May 25
Ocean GeoLoop AS Announces Strong Preliminary Results from Ongoing NorFraKalk Feasibility Study Ocean GeoLoop AS announced strong preliminary results from the ongoing NorFraKalk feasibility study. The results confirm the attractiveness of the company's carbon capture offering to the quicklime and cement industry and provide significant commercial opportunities. The test program at 25% flue gas CO2 concentration confirmed carbon capture rates exceeding 90% and product gas purity of 95%, enabling delivery of liquified CO2 above 99% purity. Ocean GeoLoop targets to provide corresponding data for energy consumption before summer. The quicklime and cement industry accounts for more than 8% of the world´s CO2 emissions and CO2 capture is necessary to achieve the industry’s climate goals. Announcement • Apr 21
Ocean GeoLoop AS Elects Ida Pernille Hatlebrekke Teien to Board of Directors Ocean GeoLoop AS at its EGM held on April 18, 2024 elected Ida Pernille Hatlebrekke Teien to board of directors. Reported Earnings • Mar 14
Full year 2023 earnings released Full year 2023 results: Revenue: kr172.9m (up 35% from FY 2022). Net loss: kr43.8m (loss narrowed 9.0% from FY 2022). Announcement • Jan 25
NorFraKalk and Ocean GeoLoop Secure Enova Support for Groundbreaking Carbon Capture Project NorFraKalk and Ocean GeoLoop are taking the first step towards large-scale CO2 capture with the ambition to make NorFraKalk climate neutral. The Enova-supported project, based in Trøndelag, puts Norway at the forefront of cutting emissions from quicklime production. The lime and cement industry accounts for just under a tenth of the world's CO2 emissions and is one of the industries where CO2 capture is necessary to reach climate goals. This challenge is now addressed by the project. The first phase of the collaboration is to investigate a pilot plant for carbon capture at NorFraKalk's lime kiln in Verdal Industrial Park. The plant currently emits around 200,000 tons of CO2 per year. The pilot project, which will now be assessed, will capture 10,000 tons of CO2, to prove that the solution works in quicklime production. In recent years, NorFraKalk has, through participation in several different SINTEF-led studies, investigated the possible use of different technologies for CO2 capture from lime kilns. One of the main obstacles to many capture technologies is the lack of excess heat to power the process. Ocean GeoLoop uses an all-electric pressure swing process for CO2 capture, which is not dependent on excess heat. Throughout 2022 and 2023, the technology has undergone successful testing at the industrial pilot plant at Norske Skog Skogn, in parallel with an extensive test and documentation programme at SINTEF's carbon capture lab in Trondheim. Board Change • Dec 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 11
First half 2023 earnings released First half 2023 results: Revenue: kr83.2m (up 82% from 1H 2022). Net loss: kr16.8m (loss narrowed 37% from 1H 2022). Board Change • Aug 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 21
Ocean-GeoLoop AS to Report First Half, 2023 Results on Sep 07, 2023 Ocean-GeoLoop AS announced that they will report first half, 2023 results on Sep 07, 2023 Announcement • Dec 01
Ocean-GeoLoop AS Provides Update on Carbon Capture Pilot Plant At Norske Skog Skogn Ocean GeoLoop AS provided an update on the current progress of the carbon capture pilot plant at Norske Skog Skogn. A comprehensive test program is currently being carried out in cooperation with SINTEF Industry. The main objectives of the pilot plant installation and test phases are to document that the technology is industrially scalable and in line with process calculations, to document that the process handles a range of operational conditions and performs in a robust and predictable manner, and to optimize the process. Board Change • Nov 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 02
Chief Executive Officer recently bought €56k worth of stock On the 31st of May, Odd-Geir Lademo bought around 20k shares on-market at roughly €2.78 per share. In the last 3 months, there was an even bigger purchase from another insider worth €149k. This was Odd-Geir's only on-market trade for the last 12 months. Board Change • May 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 17
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 16
Chairman of the Board recently bought €84k worth of stock On the 9th of March, Anders Onarheim bought around 25k shares on-market at roughly €3.35 per share. This was the largest purchase by an insider in the last 3 months. This was Anders' only on-market trade for the last 12 months. 
