APPROVAL OF PROSPECTUS AND LISTING OF NEW SHARES
Reference is made to earlier stock exchange announcements by Techstep ASA (“Techstep” or the “Company”) regarding the acquisition of Teki Solutions AS, Mytos AS, Apro Tele og Data AS, InfraAdvice Sweden AB and Nordialog Asker AS, and the completion of a NOK 100 million private placement.
The Norwegian Financial Supervisory Authority (the “NFSA”) has approved the prospectus of the Company dated 28 April 2017 (the “Prospectus”) prepared in connection with the listing on Oslo Stock Exchange of a total of 68,855,731 new shares in the Company (“New Shares”), of which 30,053,488 New Shares have been issued as consideration to the majority sellers of Teki Solutions, 11,666,667 New Shares have been issued as consideration to the seller of Mytos AS, 1,333,332 New Shares have been issued as consideration to the sellers of Apro Tele and Data AS, 6,580,710 New Shares have been issued as consideration to the minority shareholders of Teki Solutions AS, 934,615 New Shares have been issued as consideration to the seller of shares in Nordialog Asker AS, 743,059 New Shares have been issued as consideration to the seller of InfraAdvice Sweden AB and 17,543,860 New Shares have been issued in connection with a fully underwritten NOK 100 million private placement completed 3 February 2017.
The Prospectus will be published as soon as practically possible in accordance with applicable law and will be available on the
Company’s website www.techstepasa.no, and will also be available free of charge at the business office of the Company.
The New Shares (which since issue has been temporarily registered under a separate ISIN) will assume the regular ISIN of the Company’s
shares under the ticker “TECH” and are tradable on Oslo Børs as of today, 28 April 2017.
For more information, please contact:
Gaute Engbakk, CEO of Techstep: +47 91633281
Marius Drefvelin, CFO of Techstep: +47 95895690
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.