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CORRECTION: Capital increase in connection with exercise of issued warrants and earn-out payment

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Company announcement no. 8/2023
9 June 2023


On 1 June 2023 Wirtek published company announcement no. 7/2023, stating that the Board of Directors has approved the increase of the capital related to exercised warrants and earn-out payment to CoreBuild sellers.

To expedite the issuing of new shares to warrants holders exercising warrants, the Board of Directors has decided to initially only increase the capital related to the exercised warrants. The transfer of shares to the sellers of the CoreBuild acquisition as part of their 2022 earn-out will be handled as a separate process, and a related company announcement will be published at the appropriate time.

The company capital is increased with nominally DKK 39,955.05 from DKK 1,119,331.80 to DKK 1,159,286.85, diluting the existing shareholders by 3.6%.

The new shares are expected to be admitted to trading and official listing on Nasdaq First North Growth Market Denmark after the formal issue. The first day of trading is expected to be mid-June 2023.

Further information

  • Michael Aaen, CEO, Wirtek A/S, Phone: +45 2529 7575, E-mail: ir@wirtek.com
    Niels Jernes Vej 10, 9220 Aalborg Ø, www.wirtek.com
  • Kent Mousten Sørensen, Chairman, Wirtek A/S, Phone: +45 2125 9001
  • Per Vestergaard, Certified Advisor, CDI Global, Phone: +45 2176 4317

About Wirtek

Wirtek A/S is a Danish IT consultancy company that provides software development, testing, and consultancy services to help clients worldwide. With a team of more than 200 talented professionals, Wirtek specializes in Digitalization, Energy, Workforce & Facility Management, Wireless Communication & Automation, and Trade & E-commerce.

At Wirtek, we prioritize building long-term client relationships, with some lasting over a decade. We believe that quality partnerships are just as important as software quality in achieving our client's goals. Established in 2001, we have offices in Denmark and Romania and have been listed on Nasdaq First North Copenhagen since 2006. 

Ticker Code: WIRTEK (DK0060040913)


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