NRC Group has completed the acquisition of Signal & Banbyggarna i Dalarna Aktiebolag
Reference is made to the announcement on 31 March 2017 by NRC Group ASA ("NRC Group" or the "Company") regarding the agreement for NRC Group's acquisition of Signal & Banbyggarna i Dalarna Aktiebolag ("SBB").
Nordic Railway Construction AB, a wholly owned subsidiary of NRC Group, has today completed the acquisition of SBB.
In connection with the acquisition, the board of directors of the Company has issued 561,604 new shares at a price per share of NOK 58 as partial consideration to the sellers of SBB pursuant to an authorization granted by the Company's extraordinary general meeting on 3 May 2017. The share capital increase pertaining to the share issuance has been registered with the Norwegian Register of Business Enterprises and the Company's share capital is now NOK 41,814,953 divided on 41,814,953 shares, each with a nominal value of NOK 1.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.