Induct - Clarification regarding conversion claim relating to terminated Convertible Loan Facility
Reference is made to the announcement on 2 November 2018 regarding termination of a certain convertible loan facility between Induct AS (the "Company") and European High Growth Opportunities Securitization Fund (the "Investor"). As notified on 2 November 2018, the Investor has terminated the convertible loan facility. The effect of such termination is that the Investor does not have any conversion rights towards the Company, and the Company is consequently not required to issue any further shares to the Investor. The information provided by the Investor in the newspaper DN on 6 December