Oslo 3 March 2022:
Reference is made to the stock exchange announcement of 28 January 2022,
announcing Elektroimportøren's ("Elektroimportøren" or the "Company")
acquisition of 100% of the shares of Elbutik Scandinavia AB and its sister
companies ("Elbutik.se") from Lades AB (the "Transaction").
The parties have today completed the Transaction.
The consideration to be paid at closing of the Transaction has been settled by a
combination of cash and new shares in Elektroimportøren AS. The Board of
Directors of Elektroimportøren AS has accordingly resolved to increase the share
capital of the Company by NOK 42,500.00 through the issuance of 850,000 new
shares at a subscription price of NOK 76.27 per share. The capital increase has
been resolved in the basis of the authorization given by the extraordinary
general meeting held 18 February 2022. The consideration shares are subject to a
24-month lock-up period.
Following registration of the new shares with the Norwegian Register of Business
Enterprises, the Company's share capital will be NOK 1,079,110.00, divided among
21,582,200 shares, each with a par value of NOK 0.05.
Advokatfirmaet DLA Piper Norway DA acted as legal advisor to the Company.
For further inquiries please contact
CEO Elektroimportøren Andreas Niss +4793467067
CFO Elektroimportøren Petter Bjørnstad +4795907788