HIDDN – New share capital registered
(Oslo, 23 September 2019) Reference is made to previous stock exchange announcements by Hiddn Solutions ASA (the "Company") regarding a private placement in the Company of NOK 8,550,000 (the "Private Placement"), of which NOK 6,897,300 was related to a cash placement and NOK 1,652,700 was related to conversion of debt, which was approved by an extraordinary general meeting in the Company on 4 September 2019.
The cash part of the private placement of NOK 6,897,300 has now been registered in the Norwegian Register of Business Enterprises. After this, the Company's new registered share capital is NOK 12,676,676.00 divided on 12,676,676 shares, each with a nominal value of NOK 1.
The 6,897,300 new shares issued in connection with the cash placement will be placed on an ISIN separate from the Company's other shares pending the Company's publication of an EEA prospectus approved by the Financial Supervisory Authority of Norway regarding the shares in the Private Placement, scheduled to be approved and published on or about 4 October 2019.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.