Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Informationsteknik |
| Industri | Elektronisk utrustning |
2021-03-26 08:00:00
The boards of directors of Airthings ASA (the Company) and its wholly owned
subsidiary Airtight AS have entered into a joint merger plan on March 24, 2021.
The merger plan governs the merger between the two companies, where the Company
is the receiving and surviving company. The purpose of the merger is to transfer
the assets, rights and obligations of Airtight AS to the Company, including
Airtight's rights and obligations under a Horizon 2020 grant and in doing so,
simplify the group structure.
The merger will be undertaken as a parent-/subsidiary merger without
consideration pursuant to the simplified procedures of section 13-24 of the
Norwegian Public Limited Liability Companies Act. The merger plan, annual
accounts, annual report and auditor's report for the past three years for both
companies are available for print and download at the Company's website
www.airthings.com.
The completion of the merger is contingent upon all statutory requirements for
completion being met, as well as the application for Airthings ASA to become
lead beneficiary instead of Airtight AS in project "823073 - LTT" from the EU
Commission being approved and approval by the commission of the release of
Airtight AS as linked third party in the same. Project "823073 - LTT" is a
project relating to long-term testing of airtightness to increase energy
efficiency in buildings. The boards of directors of the companies plan to adopt
the merger in board meetings expected to be held on or about April 28 2021.
This information is subject to Euronext Growth Oslo's disclosure requirements.
For more information, please contact:
Erik Lundby - CFO & Head of Investor Relations
T: +47 924 00 396
E: erik.lundby@airthings.com