Induct appeals the decision from Oslo District Court regarding legal dispute with ABO/EHGO
Reference is made to announcement 23 July 2019 regarding decision from Oslo District Court regarding legal dispute between Induct AS ("Induct") and Alpha Blue Ocean ("ABO")/European High Growth Opportunities Securitization Fund ("EHGO") regarding the termination of a certain convertible loan facility which was heard by Oslo District Court 19-21 June 2019. The decision from Oslo District Court which concluded that Induct has to issue 179,487 shares to EHGO and repay to EHGO the remaining NOK 3 million in convertible loan. Induct has appealed the decision from Oslo District Court to