TTS Group ASA: Recorded increase in share capital

TTS Group ASA: Recorded increase in share capitalReference 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...

Bergen, 30/07/2018 (informazione.news - comunicati stampa - trasporti)

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 100.000,-, to 20.120 shares based on the rate 4,9700 per share.

Subsequent to this conversion the remaining nominal convertible bond debt is
NOK 91.245.000,- corresponding to 18.359.155 conversion rights.

The new share capital in TTS Group ASA of NOK 9.573.101,23 divided into 87.028.193 shares, has been registered in the Norwegian Registry of Business Enterprises.

Bergen 30. July 2018

TTS Group ASA
http://www.ttsgroup.com

Contact persons:

Toril Eidesvik
CEO
M: +47 900 78 218

Leiv Kallestad
CFO
M: +47 958 95 661