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ERRIA A/S Announces Completion
issuing of new shares
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Background
On the Extraordinary General meeting held on September 20 2018 the Board received mandate to increase the share capital of the Company with up to nominally DKK 789.668,60 in total by way of cash payment or fully or partially in-kind contributions, equal to 789,668.60 shares each having a nominal value of DKK 1.
The board of directors (the “Board”) of ERRIA A/S (the “Company”) refers to the following announcements:
- its announcements no. 11 and 12 of August 29 and September 20, 2018, respectively summit and minutes of Extraordinary General Meeting giving the Board mandate to increase share capital.
- its announcement no. 14 of October 2, 2018 “completion of First Round of Funding and Changes in Ownership” explaining transactions in the capitalization process.
Share issuing
The Board has today October 29 2018 used its mandate given in Articles of Associations §19 to issue 789,668 new shares to JPJ Invest Pte. Ltd whom now owns more than 15 percent of the share capital of the Company.
The new shares are expected to be listed for trading at Nasdaq First North Denmark October 31 2018.
The share capital of the Company are now DKK 8,686,354.00 divided into shares of DKK 1.00 each. The Company has changed Articles of Association accordingly.
As a consequence of the higher share capital C.C.N. holding A/S now owns less than 5 percent of the share capital.
Peter Kristian Ellegaard Henrik N. Andersen
Chairman of the Board Group Chief Executive Officer
For further information, please contact Henrik N. Andersen by phone at +45 3336 4400.
Headquartered in Denmark, ERRIA A/S is an international marine and logistics services company with operations in Denmark, Vietnam, Cambodia, Ghana and Venezuela. With nearly 300 employees and associates across the world, the Erria Group every day serves the needs of container shipping companies, ship owners and several other actors in the shipping and logistics sector. The Erria A/S stock is traded at the NASDAQ First North Denmark platform (Bloomberg code: ERRI:DK – ISIN: DK0060101483).
Certified Adviser
Peter Høgsted
Kapital Partner ApS
Havnegade 39
1058 Copenhagen K
Denmark
Phone +45 8988 7846
info@kapitalpartner.dk
www.kapitalpartner.dk
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