Private placement related to the acquisition of Wunderlich Securities AS

Report this content

The Board of directors in Agasti Holding ASA has, after the close of Oslo Stock Exchange on the 28th of February 2013, approved a private placement towards Wunderlich Acquisition Holding, Inc. (“WAH”) with an issue of 3,500,000 shares with a subscription price of NOK 1.20 per share. WAH is the seller of 60% of the shares in Wunderlich Securities AS, which subsequently has changed its name to Agasti Wunderlich Capital Markets AS (“AWCM”). The shares issued in the private placement were immediately subscribed for by WAH. The private placement is motivated by strengthening the strategic alliance with Wunderlich after having purchased 100% of the shares in AWCM, where the majority shareholding of 60% where purchased from WAH. The private placement was approved on the basis of the proxy on share-issues granted to the Board by the ordinary general meeting on the 23rd of May 2012. The total number of outstanding shares will after this share issue be 261,030,750. The articles of association were approved to be amended accordingly.

For further information, please contact:
CFO Christian Tunge (+47) 450 65 850

This information is subject of the disclosure requirements according to §5-12 in the Securities Act.