Data Respons ASA: Share capital increase - earn-out payment Microdoc
Summary
In accordance with the acquisition agreement signed September 12, 2016, the earn-out payment for the 2017 financial statement will be paid 50% in cash and 50% in shares.The Board of Data Respons ASA has accordingly in a meeting today approved a private placement of 1 453 494 shares to the former owners of MicroDoc as the share part of the earn-out payment for the 2017 financial statement.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.This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act