Reference is made to the stock exchange announcement from Induct AS ("Induct" or the "Company") dated 28 November 2018, regarding a repair issue with gross proceeds of up to NOK 3,28 million directed towards eligible shareholders (the "Repair Issue") and the announcement on 21 December 2018 regarding start of the subscription period for the Repair Issue.

The subscription period for the Repair Issue ends today, 11 January 2019 at 16.30 hours (CET). Subscription rights that are not utilized within the end of the subscription period will lapse automatically and hold no value. 


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.