DLTX: DLTx ASA -Private Placement and Extraordinary General Meeting
Reference is made to the stock exchange announcement made by DLTx ASA ("DLTx" or
the "Company") on 11 April 2023 regarding the Company's contemplated private
placement to raise gross proceeds of NOK 25,500,000 (the "Private Placement") by
the issuance of new shares in the Company ("Offer Shares").
The Company hereby announces that it has resolved to complete the Private
Placement of 25,500,000 Offer Shares at a price per share of NOK 1.0. The
resolution to issue the Offer Shares were resolved by the board of directors of
the Company at a board meeting held today pursuant to an authorization to
increase the share capital granted to the Board by the Company's general meeting
on 9 June 2022. The payment date for the Offer Shares has been set to 20 April
The subscribers in the Private Placement are as follows:
- Easy2Connect AS - 5,000,000 Offer Shares
- Haflo AB - 5,000,000 Offer Shares
- Camaca AS - 5,000,000 Offer Shares
- LKG Investments AS - 4,500,000 Offer Shares
- AS Sobona - 4,000,000 Offer Shares
- Eagle AS - 2,000,000 Offer Shares
The Board of the Company also resolved to issue 6,000,000 new shares tied to the
DSM transaction which closed 12 March 2022, pursuant to the same authorization.
The issuance of these shares is a earn out consideration pursuant to the DSM
Following registration of the share capital increase pertaining to the Board's
resolutions to issue shares above the Company will have a share capital of
36,005,643.8 divided into 102,873,268 shares, each with a par value of NOK 0.35.
The Board of the Company also resolved to appoint Kari Mette Toverud as
chairperson following James Haft's withdrawal from the board.
The Board of the Company also resolved to convene an extraordinary general
meeting ("EGM") in the Company, to be held on 8 May 2023 at 14:00 CET in the
Company's offices at Grundingen 2, Oslo. The EGM is convened to inter alia
resolve to issue warrants, elect one new board member, change of company name
and a general authorization to issue shares, including issuance of new shares in
a potential repair offering.
The Notice for the extraordinary general meeting is attached to this
notification. The notice and information regarding registration/voting will be
made available on the Company's website www.dltx.com.
The Offer Shares will initially be delivered on a separate ISIN as the listing
of the Offer Shares requires the preparation and publication of the prospectus
(the "Prospectus") approved by the Norwegian Financial Supervisory Authority
before such shares can be listed on the Oslo Stock Exchange, currently expected
during August 2023. The Prospectus is contemplated to be a combined prospectus
for listing of the Offer Shares and for a contemplated Subsequent Offering being
approved by the Norwegian Financial Supervisory Authority and published.
For further information, please contact:
Roger Lund, acting Managing Director, +47 95 16 11 13
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.