Insr Insurance Group ASA –Issuance of the consideration shares to Alpha
The issuance of 12,857,142 consideration shares to Alpha Insurance A/S ("Alpha") referred to in previous stock exchange releases (latest on 30 November 2017) has now been completed, and the company's share capital has been increased with NOK 10,285,713.60 through the issuance of 12,857,142 new shares, with a nominal value of NOK 0.80 each, at a subscription price of NOK 7.00 per share.
Following the share capital increase the Company has a share capital of NOK 106,937,316 divided on 130,671,645 shares, each with a par value of NOK 0.80.
Alpha has agreed to a lock-up period of 6 months