INDUCT'S BOARD APPROVING FINAL AGREEMENT REGARDING 50 MNOK CONVERTIBLE NOTE FACILITY

The board of Induct AS has approved the final agreement and other documents for the convertible loan facility of NOK 50 million with warrants as announced on 10 January 2018. The agreement must be approved by the Company's general meeting, which will be held on 15 February.

           

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 Oslo Stock Exchange with the ticker INDUCT-ME.

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