Increase of share capital after conversion of notes
Reference is made to the stock exchange announcement on 9 October 2018. The share capital increase pertaining to the conversion of notes has been registered in the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 958,156.40 divided by 9,581,564 shares, each with a par value of NOK 0.10. Each share gives one vote at the Company's general meeting. After conversion of the 20 notes, European High Growth Opportunities Securitization Fund currently holds 37 convertible notes amounting NOK 3.7 million in Induct.