LINK Mobility Group Holding ASA: New share capital resolved
Reference is made to the announcement by LINK Mobility Group Holding ASA (LINK) on 12 February 2021 and today 10 March 2021 regarding the acquisition of the Dutch CPaaS enabler Tismi B.V (Tismi).
The board of directors of LINK has resolved to increase the Company's share capital with NOK 6,133.185 through the issuance of 1,226,637 new shares (the Consideration Shares), each with a nominal value of NOK 0.005. The resolution is based on an authorization to increase the share capital granted by the Company's general meeting on 2 October 2020. The Consideration Shares are issued to the seller as partial settlement for the acquisition of Tismi. The new shares are issued at a subscription price of NOK 54.76, equal to the average volume weighted price per share during the last 10 trading days up to and including the last trading day immediately preceding 12 February 2021. The Consideration Shares are subject to lock-up until 10 September 2021. Following registration of the share capital increase with the Norwegian Register of Business Enterprises, the Company will have a share capital of NOK 1,360,688.38 divided into 272,137,676 shares, each with a nominal value of NOK 0.005.
For further information, please contact
Tom Rogn, VP Investor Relations
+47 94 85 56 59
tom.rogn@linkmobility.com
press@linkmobility.com
About LINK Mobility
LINK is one of Europe's leading providers of mobile messaging and Communications Platform as a Service (CPaaS) solutions for increased engagement. The company serves enterprise, SME and government customers. LINK offers a wide range of innovative and scalable mobile solutions, creating valuable digital convergence between businesses and customers, governments and citizens, platforms and users. LINK has over 40,000 customer accounts globally and exchanges more than 10 billion messages a year. For more information about LINK, please see www.linkmobility.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.