Induct AS – Contemplated Private Placement
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES.OSLO, NORWAY – 4 July, 2016 – Induct AS (the "Company") contemplates a private placement through the issuance of new shares for a total consideration of NOK 5 - 10 million (the "Private Placement") and has engaged SpareBank 1 Markets AS (the "Manager") to advise on and effect the Private Placement. The subscription price in the Private Placement will be determined through a bookbuilding process. The bookbuilding period for the Private Placement