ECIT AS : Share capital increase Company announcement No. 19ECIT AS (the "Company") was notified on18 June 2021 thatArctic Securities (on behalf of the managers of the private placement carried out inMay 2021 ) has exercised its greenshoe option for a total of 643,481 new shares. The new shares will be issued at a subscription price ofNOK 8.00 per share, equal to the subscription price in the private placement carried out in advance of the listing on Euronext Growth Oslo. As a result, the board of directors of the Company has today resolved to increase the Company's share capital byNOK 643,481 through the issuance of 643,481 new Class B shares, each with a nominal value ofNOK 1 . Following the share capital increase, the Company will have the following share capital: Total share capital:NOK 443,005,234 Number of Class B shares: 336,727,883 Class B shares Par value of each Class B shareNOK 1 (unaltered). About ECIT ECIT was founded in 2013 and support a large customer base delivering Accounting & Payroll (F&A) and a broad range of IT services. ECIT has a proforma 2020 revenue of overNOK 2 billion and plus 2,100 employees across 9 countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 100 acquisitions since 2013. For more information about ECIT, please visit www.ecit.com. DISCLOSURE REGULATION This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. Any questions may be addressed to COOChristine Lundberg Larsen , christine.larsen@ecit.com, +47 452 11 552
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