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Beskrivning

LandNorge
ListaEuronext Growth Oslo
SektorInformationsteknik
IndustriInfrastruktur
Ecit är verksamma inom teknikbranschen. Bolaget är specialiserade inom utveckling av SaaS-lösningar. Programvaran är egenutvecklad och används huvudsakligen inom IT och finans för exempelvis dokumenthantering och löneadministration. Kunderna består av företagskunder verksamma i ett flertal olika sektorer. Utöver huvudverksamheten erbjuds även diverse mervärdestjänster. Störst verksamhet återfinns inom Europa. Ecit grundades år 2013 och har sitt huvudkontor i Fornebu, Norge.
2023-12-20 17:13:46
Company announcement No. 212

As stated in company announcement 201 of 9 November 2023, ECIT is increasing its
ownership in subsidiaries by purchasing shares in subsidiaries. Consideration
for shares in subsidiaries is partly settled in cash and partly settled with
shares in ECIT AS. Cash consideration has been settled at the respective
transaction date for the purchase of the subsidiary shares. Consideration paid
in ECIT AS shares is settled 20 December 2023, though the following capital
increase:

In connection with the settlement for shares in subsidiaries, the board of
directors has today resolved to increase the company's share capital by NOK
10,902,400, by issuing 8,371,728 B-shares and 2,530,672 C-shares.

The issued shares are valued as follows:

5,090,581 B-shares has been issued to a price per share of NOK 7.00, and has a
lock-up of 36 months.
2,530,672 C-shares has been issued to a price per share of NOK 7.00, and has a
lock-up of 36 months.
2,545,751 B-shares has been issued to a price per share of NOK 7.31298
(rounded), and has a lock-up of 24 months.
735,396 B-shares has been issued to a price per share of NOK 8.12553 (rounded),
and has no lock-up.

Average price per share equals NOK 7.14900.

The share capital will be increased from NOK 454,105,373 to NOK 465,007,773.

The capital increase will be registered in the Brønnøysund register.

The distribution of shares will, after the capital increase, be as follows:

o Class A: 41,336,068 shares
o Class B: 353,388,802 shares
o Class C: 70,282,903 shares


DISCLOSURE REGULATION
This is information that ECIT AS is obliged to make public pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.


For further information, contact
Mads Skovgaard, Group CFO
mskovgaard@ecit.com
+45 2780 4942


About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll,
and IT services. ECIT has a proven model for acquisitions, combining proximity
to customers, local entrepreneurship and the strength of a larger international
group. ECIT has a full-year proforma revenue of 3.5 billion NOK per Q3 2023 and
more than 2,500 employees across ten countries. M&A has been key to drive the
Company's growth as ECIT has completed more than 130 acquisitions since 2013.
Read more at www.ecit.com.