Induct - Private Placement towards former Chairman
Induct has completed a Private Placement of NOK 155.209,92 through the subscription of 12,088 new shares at a subscription price of NOK 12.84 per share, through conversion of debt to shares. The shares were subscribed by Abbor Invest AS, a company 100% owned by Bjørn Gabrielsen, who was Chairman of the Board of Directors in Induct AS until 4 May 2018. The new shares to be issued under the Private Placement will be listed on Merkur Market as soon as practically possible after registration of the share capital increase in the Norwegian Register of Business Enterprises, expected on or about 29