ECIT AS (OB:ECIT) acquired a 50.1% stake in Peritus as on October 17, 2021. The consideration is paid in combination of cash and stock. ECIT AS (OB:ECIT) will issue 381,626 B-shares as part of consideration. Peritus as had a revenue of approximately NOK 25 million in year 2020. ECIT AS (OB:ECIT) completed the acquisition of a 50.1% stake in Peritus as on October 17, 2021.