Nordic Unmanned (NUMND) - Key information relating to the share reverse split
Reference is made to the stock exchange announcement made by Nordic Unmanned ASA (the "Company") on 28 June 2024, regarding the Company's annual general meeting ("AGM") resolving a reverse share split of the Company's shares. Key information related to the reverse share split is set out below:
Date on which the corporate action was made public: 14 June 2024
Reverse split ratio: 100 old shares give one (1) new share
Last day including right: 23 September 2024
Ex-date: 24 September 2024
Record date: 25 September 2024
Date of approval: 11 June 2024 (AGM)
Other information: Following completion of the reverse share split, the par value of the Company's shares will be increased from NOK 0.01 to 1.00. As the number of shares in the Company cannot be divided by 100, the board of directors has resolved that the Company prior to completion of the share consolidation shall complete a share capital increase through the issuance of six new shares which will lead to the aggregate number of shares in the Company prior to the share consolidation is divisible by 100.
Fractions of shares shall be rounded up to the nearest whole share per VPS account. As the fractions of shares will be rounded up to the closest whole share per VPS account, the Company will have to give shareholders an extra share where the number of shares cannot be divided by 100. In order to facilitate this, Tjelta Eiendom AS will lend the Company the necessary shares for this purpose.
The reverse share split will result in a new ISIN for the Company’s shares. A separate stock exchange announcement regarding the change of ISIN will be made at a later date.
This information is published in accordance with the requirements of the Continuing Obligation.
CONTACT
*Stig H. Christiansen, CEO, Nordic Unmanned ASA, +47 478 07 813, shc@nordicunmanned.com
*Tarjei Lode, CFO, Nordic Unmanned ASA, +47 469 37 008, tl@nordicunmanned.com
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
About Nordic Unmanned
Nordic Unmanned is a leading European manufacturer (OEM) and certified operator of unmanned aircraft systems (“UAS”).
We are serving large corporations, government agencies and security customers by offering systems, solutions and flight services for environmentally friendly delivery of productivity improvements and time critical, actionable data insights and logistics services.
Our solutions and services are organized in the three business segments as follows:
Flight Services: is a technology-agnostic flight services operator providing time-critical actionable data to large corporate and governmental customers. The segment also includes NUAer AS and Resale.
AirRobot: is an Equipment Manufacturer (OEM) with a leading product platform in lightweight drones and sensors (payloads) tailored for defense and security.
DroneMatrix: is an Equipment Manufacturer (OEM) offering a fully integrated and autonomous drone system with proprietary software for surveillance and security.
Nordic Unmanned is ISO 9001:2015 and ISO 14001:2015 certified for the operation, maintenance, and sales of unmanned systems and sensor technology. AirRobot is ISO 9001:2015 and EN 9100:2018 certified for its development and production capabilities of unmanned systems.
Founded in Norway in 2014, Nordic Unmanned has offices in Sandnes (NO), Cranfield (UK), Hasselt (BE) and Arnsberg (GER). Nordic Unmanned also comprise joint venture – Omni Unmanned SA with OHI Group SA (registered in Luxemburg) and joint venture – NUAer AS with Aeromon OY (registered in Norway).
For more information visit - https://nordicunmanned.com/
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