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LINK Mobility: Acquisition of FireText Communications - Issuance of consideration shares to sellers
23 Apr 2025 08:38 CEST
Issuer
Link Mobility Group Holding
Reference is made to the announcement by LINK Mobility Group Holding ASA (LINK)
on 14 April 2025 regarding the acquisition of 100% of the shares in the UK-based
company FireText Communications. As disclosed in the said announcement, the
purchase price for the shares in FireText will be partly settled by issuance of
GBP 2 million in LINK shares.
LINK’s board of directors has today resolved to issue 1,340,304 new shares to
the sellers pursuant to the authorization to increase LINK’s share capital
granted by LINK’s general meeting on 7 June 2024. LINK will register the new
share capital increase with the Norwegian Register of Business Enterprises and
issue a separate announcement when the registration of the share capital
increase has been completed.
Following registration of the share capital increase with the Norwegian Register
of Business Enterprises, the Company will have a share capital of NOK
1,500,233.69 divided into 300,046,738 shares, each with a nominal value of NOK
0.005.
For further information, please contact
Morten Løken Edvardsen, CFO & VP Investor Relations
+47 90 56 15 89
ir@linkmobility.com
About LINK Mobility
LINK is an award winning, leading global provider of mobile messaging and
communications platform as a service (CPaaS) solutions for increased engagement.
The company serves enterprise, SME and government customers. LINK offers a wide
range of innovative and scalable mobile solutions, creating valuable digital
convergence between businesses and customers, governments and citizens,
platforms and users. LINK has more than 50,000 active customer accounts globally
and exchanges more than 20 billion messages a year. LINK is listed on the Oslo
Stock Exchange under the ticker LINK. For more information about LINK, please
see www.linkmobility.com and follow LINK Mobility on LinkedIn.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Link Mobility Group Holding ASA
Provider
Oslo Børs Newspoint
Company Name
LINK MOBILITY GROUP HOLDING, Link Mobility Gro ASA 20/25 3.375 EUR, Link Mobility ASA 24/29 FRN EUR FLOOR C
ISIN
NO0010894231, NO0010911506, NO0013364935
Symbol
LINK
Market
Euronext Oslo Børs