Hiddn Solutions ASA has completed the acquisition of Finn Clausen Sikkerhetssystemer AS

Reference is made to the stock exchange announcement by Hiddn Solutions ASA (the “Company”) on 3 April 2017 regarding the Company’s acquisition of Finn Clausen Sikkerhetssystemer AS (“FCS”).

The Company has today completed the acquisition of FCS.

In connection with the acquisition, the Board of Directors has resolved to issue 4,000,000 new shares in the Company, at a price per share of NOK 2.89, as part of the consideration to the seller of FCS pursuant to an authorization granted by the Company’s extraordinary general meeting on 16 May 2017. The Company’s share capital following the Board’s resolution is NOK 22,813,802.12 divided on 67,099,418 shares, each with a nominal value of NOK 0.34.

Contact person: CEO Tore Viana-Rønningen, phone: +47 91 10 86 93

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 

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