Reference is made to stock exchange notice of 30.03.2017 regarding the Extraordinary General Meeting approval of the amendment to the Company's bond loan agreement ISIN NO 001 0593890 reflecting conversion rights of bond into shares in TTS Group ASA.
One bondholder have converted a total of NOK 1.000.000,-, to 201.207 shares based on the rate 4,9700 per share.
Subsequent to this conversion the remaining nominal convertible bond debt is NOK 92.345.000, corresponding to 18.580.483 conversion rights.
The new share capital in TTS Group ASA of NOK 9.548.755,37 divided into 86.806.867 shares, has been registered in the Norwegian Registry of Business Enterprises.
Bergen 26. February 2018
TTS Group ASA
http://www.ttsgroup.com
Contact persons:
Toril Eidesvik
CEO
M: +47 900 78 218
Leiv Kallestad
CFO
M: +47 958 95 661