Correction*: Key information rights issue Hiddn Solutions ASA
Reference is made to the stock exchange notice from Hiddn Solutions ASA on 23 December 2016 regarding key information of a NOK 20 - NOK 60 million rights issue. Below follows updated key information for the rights issue.
Date on which the terms and conditions of the preferential rights issue were announced: 23 December 2016
Last day including right: 24 January 2017
Ex-date: 25 January 2017
Record Date: 26 January 2017
Date of approval: 13 January 2017
Maximum number of new shares: Up to 60,000,000 (up to *75,000,000 in the event the rights issue is fully subscribed and the board resolves to utilize its board authorization). Exact amount to be published after market close on 23 January 2017.
Subscription price: To be resolved by the board of directors and published after market close on 23 January 2017
Will the rights be listed - yes/no: yes
Other information: This update relates to confirmation of date of approval, adjustment of key dates, including the ex-date, in accordance with the resolution from the Company's extraordinary general meeting as well as the date on which the maximum amount of shares and subscription price will be published. The rights issue is subject to publication of a prospectus, expected to take place on or about 27 January 2017. NOK 20 million of the rights issue has been underwritten.
This information is published in accordance with the requirements of the Continuing Obligations.