Induct - Private Placement towards CEO
Induct has completed a Private Placement of NOK 2 million through the subscription of 500,000 new shares at a subscription price of NOK 4.00 per share, through conversion of debt to shares. The shares were subscribed by NPP Capital AS, a company 100% owned by Alf Martin Johansen, who is CEO in Induct AS. 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 12 December 2019. NPP Capital AS’s total