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Arribatec Group ASA — Major Shareholding Notification 2018
Apr 9, 2018
3541_mrq_2018-04-09_97b82f03-9036-4313-bb46-e266aa87dd07.html
Major Shareholding Notification
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Disclosure of large shareholding
Disclosure of large shareholding
Reference is made to previous stock exchange announcements from Hiddn Solutions ASA (the "Company") regarding an underwritten rights issue (the "Rights Issue"), whereby the Board of Directors following the end of the subscription period on 6 April 2018 has resolved to issue 17,142,857 new shares in the Company at a subscription price of NOK 1.75 (the "Offer Shares").
Torstein Ingvald Tvenge has been allocated 3,000,000 shares in the Rights Issue. Following issuance of the Offer Shares, Torstein Ingvald Tvenge will hold 9,500,000 shares in the Company, equaling 10.36% of the total outstanding shares in the Company after completion of the Rights Issue.
This disclosure is made pursuant to sections 4-3 of the Norwegian Securities Trading Act.