LINK Mobility Group ASA ("LINK") has completed a transaction comprising a NOK 100 million private placement and sale of 616,782 existing shares in a secondary sale on behalf of certain shareholders at a price per share of NOK 150 (the “Transaction”). LINK will use the net proceeds from the private placement will to finance further acquisitions in accordance with LINK's announced growth targets for 2018.
LINK intends to submit an application to Oslo Børs whereby it will request for a transfer of the listing of the Company's shares from Oslo Axess to Oslo Børs with the intention that such transfer will take place by end -December 2016.
Aabø-Evensen & Co has acted as legal advisor to LINK in connection with the Transaction and will assist LINK’s contemplated transfer of listing from Oslo Axess to Oslo Børs.
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