Induct - Key information relating to the Repair issue

Report this content

Reference is made to the announcement by Induct AS on 28 November 2018 concerning, inter alia, a private placement with gross proceeds of NOK 2.5 million and a contemplated NOK 3.28 million repair issue (the "Repair Issue") with non-tradable subscription rights for eligible shareholders.

Date on which the terms of the Repair Issue was announced: 28 November 2019
Last day including right to receive subscription rights: 28 November 2019
First day excluding right to receive subscription rights: 29 November 2018
Record date: 30 November 2018
EGM date: 20 December 2018
Maximum number of new shares: 656,350
Subscription price: NOK 5
Shall the rights be listed No

The Repair Issue is conditional upon approval of the share capital increase pertaining to the Repair Issue by the extraordinary general meeting to be held on 20 December 2018.

This information is published in accordance with the requirements of the Continuing Obligations.


For further information, please contact:

Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35

About Induct

Based on ten years of collaboration with more than 250 organizations, Induct offers collaborative communities, delivered as "Software as a Service," that enable organizations to digitalize and manage business processes. This also include create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network.

Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.