Kyoto Group AS - End of stabilisation period
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Oslo, 23 April 2021: Reference is made to the stock exchange announcement by
Kyoto Group AS (the "Company") on 24 March 2021 where the Company announced the
beginning of a stabilization period following the private placement of new
shares and admission to trading on Euronext Growth Oslo.
Fearnley Securities AS (the "Stabilisation Manager") has informed the Company
that the stabilisation period has ended. Stabilisation activities have been
undertaken between 24 March and 23 April 2021 and comprise a total of 400,000
shares in the Company, purchased at an average price of NOK 45.90, as further
set out in the attached stabilisation notice with appendix.
As a consequence of the stabilisation activities taken, the Stabilisation
Manager has informed the Company that it will not exercise the greenshoe option
and shall re-deliver the 400,000 shares purchased through the stabilisation
transactions to Ajisu Invest AS (a company controlled by board member Arne Erik
Kristiansen), in accordance with the terms of the share lending agreement
between the parties.
This information is subject to the disclosure requirements pursuant to
Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 section 6 (3).