SmartCraft ASA – New share capital registered
SmartCraft ASA | Total number of voting rights and capital
Oslo, [12] July 2021. Reference is made to the announcements made on 9 July 2021
whereby SmartCraft ASA ("SmartCraft" or the "Company", OSE ticker code "SMCRT")
announced the resolution to increase the Company's share capital in connection with the Company's acquisition of Kvalitetskontroll AS ("Kvalitetskontroll").
The Company has today issued 505,618 new shares, each with a nominal value of NOK 0.01, to the sellers of Kvalitetskontroll as partial settlement of the purchase price in connection with the Company's acquisition of Kvalitetskontroll through its subsidiary SmartCraft Norway AS.
The new shares have been legally and validly issued and have been registered with the Norwegian Register of Business Enterprises. Following the share capital increases, the Company's new share capital is NOK 1,715,223.05, divided into 171,522,305 shares, each with a nominal value of NOK 0.01.
For further information, please contact:
Kjartan Bø, CFO, SmartCraft
Phone: +47 410 27 000
Email:kjartan.bo@smartcraft.no
Gustav Line, CEO, SmartCraft
Phone: +47 952 67 104
Email:gustav.line@smartcraft.no
ABOUT SMARTCRAFT
SmartCraft is the leading Nordic provider of mission-critical SaaS solutions to SME's in the construction sector. The company’s business model is highly scalable, based on 94% recurring revenue and low churn. The construction sector is among the least digitalized industries and represents a NOK 10bn software market in the Nordics, growing at a double-digit rate. SmartCraft's solutions help customers to increase their productivity, margins, and resource efficiency.
IMPORTANT INFORMATION
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "should", "will" and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.