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Reference is made to the stock exchange announcement from Induct AS ("Induct" or the "Company") dated 21 June 2019, regarding an underwritten rights issue with gross proceeds up to NOK 1.9 million (the "Rights Issue") directed towards Eligible Shareholders and the announcement on 4 July 2019 regarding start of the subscription period for the Rights Issue.

The subscription period for the Rights Issue ends today, 18 July 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.