ECIT AS (OB:ECIT) entered into an agreement to acquire 50.1% stake in Evercom AS on October 10, 2023. It includes an option agreement to acquire the remaining 49.9% of the shares. Evercom will enter the IT division in ECIT. The transaction is subject to regulatory approval and completion of the transaction and a closing announcement can, subject to regulatory approvement, be expected in 4th quarter 2023. For FY 2022, Evercom AS has 20 employees and a revenue of NOK 112.1 million.

ECIT AS (OB:ECIT) completed the acquisition of 50.1% stake in Evercom AS for NOK 10 million on October 27, 2023. The Board of Directors has today resolved to increase the share capital in ECIT AS by NOK 1,252,500 by issuing 1,252,500 B-shares at a nominal value of NOK 1.00 per share. The shares are subject to a lock-up period of 12 months. The regulatory approvals have been granted.