Induct - Trading by Primary Insider

Reference is made to the announcement from Induct AS (the "Company") on 21 December 2018 regarding minutes from extraordinary general meeting where NPP Capital AS ("NPP"), a company owned 100% by Alf Martin Johansen, CEO of Induct, was granted right to subscribe to a private placement of 115,404 shares in Induct AS at NOK 5 per share.

NPP has now subscribed for 115,404 shares at a subscription price of NOK 5 per share.

Total holding after the transaction: 1,071,926 shares and subscription rights to subscribe to 115,404 shares at a subscription price of NOK 5 per share. The subscription rights are exercisable between 1. and 15. February 2020.

           

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

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.

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