Induct - Supplement to invitation to Extraordinary General Meeting 20 December 2018

Reference is made to the announcement from Induct AS on 6 December 2018 regarding the request by NPP Capital AS ("NPP") to the board of directors to propose a separate private placement to NPP.

Enclosed is a supplement to the summon to the general meeting to be held Thursday 20 December where the board propose to the general meeting that such private placement is approved by the general meeting, with warrants attached on such terms as are offered to the shareholders taking part in the repair issue. The proposed private placement will be in the amount of up to 115,404 new shares, and not 65,532 as initially announced, as such figure was based on a miscalculation.

           

For further information, please contact:
Alf Martin Johansen, Chief Executive Officer
47 90 17 94 35
amj@inductsoftware.com

           
      
About Induct

Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to 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.

Induct: “Connecting Innovation Communities™”

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