SameSystem A/S to issue new shares in a directed issue
Summary
14 of 7 July 2022, Henrik Byrial Ritlov and Ritlov ApS have invested a total of approximately DKK 7 million in SameSystem.Consequently, the Board of Directors of SameSystem has today exercised its authorisation to increase the share capital without pre-emption rights for SameSystems existing shareholders according to article 3.1 and 3.3 of the articles of association.The Board of Directors has resolved to issue 2,173,913 new shares (corresponding to nominally DKK 21,739.13) at a subscription price of DKK 2.30 per share corresponding to gross proceeds of approximately DKK 5 million. The new shares are to be registered in the name of the holder in SameSystems register of shareholders.The Board of Directors has accordingly exercised a total nominal value of DKK 31,207.33 out of the total authorisation of nominal DKK 61,234 in connection with the directed issue.Expected timetable Settlement and payment for the new shares is expected to take place on or before 24 August 2022. Registration of the capital increase with the Danish Business Authority is expected to take place on or before 24 August 2022. Following the registration, the new shares are expected to be admitted to trading on Nasdaq First North Premier Growth Market Denmark on 29 August 2022.About SameSystem A/S SameSystem is an international Software-as-a-Service (SaaS) company with local presence in nine countries. SameSystem offers a scalable, regulatory compliant, and data-driven workforce management (WFM) solution tailored for retail and foodservice.SameSystem enables retailers and foodservice businesses to maximise performance levels and competencies in their organisations by freeing up time for employees, reducing administration significantly, and helping stores and restaurants plan perfectly.SameSystems solution includes AI-powered forecasting, a budget-conscious scheduling feature, automatic payroll processing, digital contracts and signatures, time and attendance tracking, and a business intelligence feature.For more information about SameSystem, please visit https://www.samesystem.com/