Cxense ASA – New share capital registered

Reference is made to the stock exchange notice from Cxense ASA (the “Company”) on 24 August regarding a private placement of 1,000,000 new shares in the Company at a subscription price of NOK 40.00, approved by the Company’s extraordinary general meeting on 18 September 2017.  

The share capital increase pertaining to the private placement has now been registered with the Norwegian Register of Business Enterprises. The Company’s new registered share capital is NOK 44,790,060, divided into 8,958,012 shares, each with a par value of NOK 5.00.  

The new shares are placed on a separate ISIN and are not tradable on the Oslo Stock Exchange until the Company has prepared and published a listing prospects to be approved by the Financial Supervisory Authority of Norway. The subscribers in the private placement have been be delivered already existing and tradable shares pursuant to a share lending agreement entered into between the Company, Arctic Securities AS and certain existing shareholders.

Investor Relations Contact:

Jørgen Loeng, Chief Financial Officer


Mobile: +47 906 60 062