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Arribatec Group ASA — Major Shareholding Notification 2018
Apr 9, 2018
3541_mrq_2018-04-09_980e031d-62b5-48b2-bd06-cf8cf78c4473.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 a partially 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").
Immob Drift AS has been allocated 1,787,745 shares in the Rights Issue. Following issuance of the Offer Shares, Immob Drift AS will hold 5,264,582 shares in the Company, equaling 5.74% 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.