Data Respons ASA: Share capital increase reserved to employees of 96 217 shares
July 13 2018 - 8:24AM
The Board of Directors of Data Respons ASA has
approved a capital increase of 96 217 shares in connection with the
company's employee share saving scheme.
Data Respons has an employee share saving scheme
in order to create dedication for value creation and ensure
convergence of the financial interests of the employees and the
shareholders.
The share saving scheme is directed at all
employees in Data Respons, and this share capital increase relates
to employees in Sylog Sverige AB. Please refer to stock exchange
release dated June 6, 2018 for further information about the
employee share saving scheme. Each employee may subscribe to a
number of shares limited to a subscription amount of NOK
40 000, corresponding to 2 095 shares at a subscription
price of NOK 19.09 per share. The subscription price per share, is
equal to the weighted average traded price of the Data Respons
share on the Oslo Stock Exchange of the five trading days after
Annual General Meeting held in April (from April 20, 2018 to April
26, 2018), of NOK 23.86 per share, less a 20 % discount.
On the basis of an authorization granted by the
Annual General Meeting held on April 19, 2018, the Board of
Directors has in this regard resolved to increase the share capital
by NOK 48 108.5 from NOK 27 623 978.00 to NOK
27 672 086.50 through the issue of 96 217 new shares with
a nominal value of NOK 0.50 per share. The total number of
outstanding shares will increase from 55 247 956 to
55 344 173 shares after the issue.
For further
information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913
90 918.
Rune Wahl, CFO, Data Respons ASA, tel. + 47 950
36 046
About Data Respons
Data Respons is a full-service,
independent technology company and a leading player in the IoT,
Industrial digitalisation and the embedded solutions market. We
provide R&D services and embedded solutions to OEM
companies, system integrators and vertical product suppliers in a
range of market segments such as Transport & Automotive,
Industrial Automation, Telecom & Media, Space, Defense &
Security, Medtech, Energy & Maritime, and Finance & Public
Sector.
Data Respons ASA is listed on the Oslo Stock Exchange (Ticker:
DAT), and is part of the information technology index. The company
has offices in Norway, Sweden, Denmark, Germany and
Taiwan. www.datarespons.com
This information is subject of the disclosure requirements pursuant
to section 5-12 of the Norwegian Securities Trading Act
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Data Respons ASA via Globenewswire
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