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Nekkar — Share Issue/Capital Change 2018
Apr 26, 2018
3669_rns_2018-04-26_14432268-58d2-4f44-a4e1-07aa963237c3.html
Share Issue/Capital Change
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TTS Group ASA: Recorded increase in share capital
TTS Group ASA: Recorded increase in share capital
Reference is made to stock exchange notice of 30.03.2017 regarding the
Extraordinary General Meeting approval of the amendment to the Company's bond
loan agreement ISIN NO 001 0593890 reflecting conversion rights of bond into
shares in TTS Group ASA.
One bondholder have converted a total of NOK 500.000,-, to 100.603 shares based
on the rate 4,9700 per share.
Subsequent to this conversion the remaining nominal convertible bond debt is NOK
91.845.000,- corresponding to 18.479.879 conversion rights.
The new share capital in TTS Group ASA of NOK 9.559.821,70 divided into
86.907.470 shares, has been registered in the Norwegian Registry of Business
Enterprises.
Bergen 26 April 2018
TTS Group ASA
http://www.ttsgroup.com
Contact persons:
Toril Eidesvik
CEO
M: +47 900 78 218
Leiv Kallestad
CFO
M: +47 958 95 661
This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.