TTS Group ASA: Recorded increase in share capital

Reference is made to stock exchange notice of 30.03.2017 regarding the Extraordinary General Meeting approval of the amendment to the Company's bond loan agreement ISIN NO  001 0593890  reflecting conversion rights of bond into shares in TTS Group ASA. One bondholder have converted a total of NOK...

Bergen, 20/11/2018 (informazione.news - comunicati stampa - trasporti)

Reference is made to stock exchange notice of 30.03.2017 regarding the Extraordinary General Meeting approval of the amendment to the Company's bond loan agreement ISIN NO  001 0593890  reflecting conversion rights of bond into shares in TTS Group ASA.

One bondholder have converted a total of NOK 300.000,-, to 60.362 shares based on the rate 4,9700 per share.

Subsequent to this conversion the remaining nominal convertible bond debt is NOK 90.945.000,- corresponding to 18.298.793 conversion rights.

The new share capital in TTS Group ASA of NOK 9.579.741,05 divided into 87.088.555 shares, has been registered in the Norwegian Registry of Business Enterprises.

Bergen 20 November 2018
TTS Group ASA

Contact persons:
Toril Eidesvik CEO M:  +47 900 78 218  
Leiv Kallestad CFO M:  +47 958 95 661