INDUCT - PARTICIPATION OF PRIMARY INSIDERS IN PRIVATE PLACEMENT

Reference is made to stock exchange notice published by Induct AS on 3 February 2017 regarding final allocation of shares in Private Placement.

Even Nordstrøm AS, a company owned 100% by Even Nordstrøm (Chairman of the Board of Directors), was allocated 2,964 shares. Total holding after the transaction: 15.988 shares and 35,000 share options.

Naben AS, a company owned 100% by Audun Wickstrand Iversen (Board Member), was allocated 12.500 shares. Total holding after the transactions: 84.119 shares and 35,000 share options.

           

For further information, please contact:

Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35
amj@inductsoftware.com

           
      
About Induct

Based on eight years of collaboration with over 250 organizations globally, Induct offers a digital platform that enables efficient management of knowledge based projects and processes. In addition Induct enables the organisations to communicate, collaborate and share knowledge in a secure cloud-based network.

Subscriptions is the main source of income for Induct. Induct has customers in 9 countries

Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

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