28.6.2024 14:46:59 CEST | Aqua Bio Technology ASA | Total number of voting
rights and capital
Reference is made to the stock exchange announcements made by Aqua Bio
Technology ASA ("ABT" or the "Company") on 12 April and 23 April 2024,
respectively, regarding the completion of ABT's acquisition of Ovalen AS and the
settlement of the earn-out in relation to the Company's acquisition of Cosmed
Beauty AS and Ultrabody AB (jointly, "Cosmed").
The Company's board of directors has resolved to issue 1,200,000 consideration
shares at a subscription price of NOK 5 per consideration share to the previous
owner of Ovalen AS. Moreover, for accounting purposes, the buy-out owed to
Varming Holding AS in connection with the Company's acquisition of Cosmed has
been rescinded, and the settlement of the buy-out has been agreed to be amended.
On this basis, the Company's board of directors has resolved to issue 4,707,935
shares at a subscription price of NOK 4 to Varming Holding AS, with the share
deposit being settled by way of set-off.
****
For further information, please contact CEO Håvard Lindstrøm mobile phone +47
941 32 288.
Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skincare products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skincare products developed by partners towards consumers and
professional users. ABT's focus on commercialization and development of natural
ingredients and natural skincare products has been, and will continue to be, an
important part of the Company's strategy going forward. Aqua Bio Technology is
listed on the Euronext Expand market of the Oslo Stock Exchange.
This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and subject to the disclosure requirements pursuant to
section 5-12 of the Norwegian Securities Trading Act. This stock exchange notice
was published by CEO Håvard Lindstrøm on the date and time provided.
DISCLOSURE REGULATION
This information is subject of the disclosure requirements pursuant to section
of 5-12 of the Norwegian Securities Trading Act.
CONTACTS
* Håvard Lindstrøm, 004794132288, hl@aquabiotech.no
ABOUT AQUA BIO TECHNOLOGY ASA
Aqua Bio Technology (ABT) is developing and commercializing sustainable
biotechnology for use in skin care products. ABT's cosmetics ingredients are
highly effective and they provide the cosmetics industry with natural
alternatives to traditional ingredients. ABT is also marketing and distributing
natural skin care products developed by partners towards consumers and
professional users. Aqua Bio Technology is listed on Euronext Expand.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847556/18165345/4724/Download%20announce
ment%20as%20PDF.pdf