Further to this, Multiconsult will issue 103 936 new shares to the shareholders of Roar Jørgensen AS at a share price of NOK 134.6971. The share price was based on the volume weighted average share price of Multiconsult during the five consecutive trading days prior to closing. The new shares are issued pursuant to an authority given to the board of directors by the annual general meeting on 7 April 2022. The cash portion of the purchase price was settled by using existing cash balances. The transaction is based on a completion accounts model where the closing accounts date (reference date) is set to 31 December 2022. Consequently, the purchase price will be adjusted accordingly with the net cash and net working capital position on the reference date. The purchase price adjustment will be settled during second quarter of 2023.
The share capital increase of NOK 51 968.00 was filed and amendments to the articles of association of Multiconsult ASA was registered with the Norwegian Register of Business Enterprises immediately following closing and registration is expected to take place shortly. Following registration, the share capital of Multiconsult will be NOK 13 767 229.50 divided into 27 534 459 shares, each with a nominal value of NOK 0.50. The newly issued shares represent approximately 0.38 per cent of the share capital of Multiconsult.
For further information, please contact:
Ove B Haupberg, CFO & EVP
Phone: +47 401 00 900
Gaute Christensen, VP Communication
Phone: +47 911 70 188
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.