ECIT AS: Share capital increase
Company announcement No. 19


ECIT AS (the "Company") was notified on 18 June 2021 that Arctic Securities (on
behalf of the managers of the private placement carried out in May 2021) has
exercised its greenshoe option for a total of 643,481 new shares. The new shares
will be issued at a subscription price of NOK 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 by NOK 643,481 through the issuance of
643,481 new Class B shares, each with a nominal value of NOK 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 share NOK 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 over NOK 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 COO Christine Lundberg Larsen,
christine.larsen@ecit.com, +47 452 11 552

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