Induct AS - Repair Issue – Commencement of Subscription Period
Reference is made to stock exchange announcements dated 5 July 2016 related to the repair issue (the “Repair Issue”) of up to 410,205 shares at a subscription price of NOK 19.00 in Induct AS (“Induct” or the “Company”). Shareholders who were (i) shareholders of the Company as of 4 July 2016 (the “Cut-Off Date”) (as registered in the Norwegian Central Securities Depository (the “VPS”) as of 6 July 2016 (the “Record Date”)); (ii) who did not subscribe for New Shares in the Private Placement completed at 5 July 2016; and (iii) are not resident in a jurisdiction where such offering would be