The Board of Directors secures investment through capital increase

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Company Announcement No. 14-2022
Copenhagen, 07 July 2022

Inside information

Capital increase in SameSystem A/S

The board of directors has decided to exercise its mandate embedded in the articles of association to increase the share capital at market price without pre-emptive rights for the existing shareholders. The capital increase will be completed partly by cash contribution and partly by debt conversion as a directed emission to Henrik Ritlov and Ritlov ApS, respectively. The market price of the new shares is calculated as the average of the average share price of SameSystem A/S’ shares 5 days prior to the board of directors’ decision, which corresponds to DKK 2.1123 per share.

Henrik Ritlov invests DKK 1,799,999.22 in cash and Ritlov ApS converts part of an existing loan granted to SameSystem A/S in May 2022. Ritlov ApS converts DKK 199,999.91.

CONTACT INFORMATION

SameSystem A/S
Henrik Ritlov, interim CEO
Mobile: (+45) 40 63 72 29
Email: henrik.ritlov@samesystem.com
SameSystem A/S
Rentemestervej 2A
2400 København NV
Denmark

Certified Advisor
Grant Thornton
Jesper Skaarup Vestergaard
Grant Thornton,
Stockholmsgade 45

2100 Copenhagen Ø
Denmark

About SameSystem A/S
SameSystem is an international Software-as-a-Service (SaaS) company with local presence in nine countries. SameSystem offers a scalable, regulatory compliant and data-driven workforce management (WFM) solution tailored for retail and foodservice.

SameSystem enables retailers and foodservice businesses to maximise performance levels and competencies in their organisations by freeing up time for employees, reducing administration significantly and helping stores and restaurants plan perfectly.

SameSystem’s solution includes AI-powered forecasting, a budget-conscious scheduling feature, automatic payroll processing, digital contracts and signatures, time and attendance tracking and a business intelligence feature.

For more information about SameSystem, please visit https://www.samesystem.com/