With reference to the stock exchange release by Data Respons ASA dated 2 July 2019 regarding the acquisition of inContext AB.
The Board of Data Respons ASA has in a meeting today approved the private placement of 1,076,810 shares. The placement price is based on the weighted average traded price of the Data Respons share on the Oslo Stock Exchange 30 days before closing of the agreement, resulting in a share price of NOK 31.03.
The number of shares outstanding will with this transaction increase from 72 633 658 shares to 73 710 468 shares.
For further information:
Kenneth Ragnvaldsen, CEO, Data Respons ASA, tel. +47 913 90 918.
Rune Wahl, CFO, Data Respons ASA, tel. + 47 950 36 046
About Data Respons
Data Respons is a full-service, independent technology company and a leading player in the IoT, Industrial digitalisation and the embedded solutions market. We provide R&D services and embedded solutions to OEM companies, system integrators and vertical product suppliers in a range of market segments such as Transport & Automotive, Industrial Automation, Telecom & Media, Space, Defense & Security, Medtech, Energy & Maritime, and Finance & Public Sector.
Data Respons ASA is listed on the Oslo Stock Exchange (Ticker: DAT), and is part of the information technology index. The company has offices in Norway, Sweden, Denmark, Germany and Taiwan. www.datarespons.com
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act