Konsolidator Completes Successful Private Share Placement
Konsolidator A/S, a pioneer in financial consolidation software, has successfully completed a significant private placement involving the issuance of new shares. This strategic move signifies a robust commitment from existing investors who have subscribed to a total of 573,979 new shares, drawing in a substantial capital amount of DKK 2.2 million.
Details of the Share Placement
The private placement concluded with all shares fully subscribed, demonstrating strong market confidence in Konsolidator's growth potential. The company plans to register the capital increase with the Danish Business Authority, which will bring the registered share capital to DKK 909,388. Following this increase, the total number of shares in circulation will reach 22,734,700, each holding a nominal value of DKK 0.04.
Impact on Share Capital Structure
These newly issued shares represent approximately 2.6% of Konsolidator's total share capital both before and after the capital increase. This infusion of capital not only strengthens the company's financial base but also enhances its ability to innovate and respond to market demands more effectively.
Future Trading on Nasdaq First North Growth Market
Investors can anticipate that these new shares will be admitted to trading on Nasdaq First North Growth Market Denmark. This key development is scheduled to take effect soon, under the same ISIN code as the company's existing shares, DK0061113511.
Revised Authorization for Share Issuance
As part of this process, Konsolidator's Board of Directors has reduced the authorization to issue shares without pre-emption rights, now standing at a nominal value of DKK 156,089.68. This adjustment reflects the company’s direction to strengthen financial governance while maintaining flexibility for future endeavors.
About Konsolidator
Konsolidator A/S is dedicated to enhancing the operational efficiency of Group CFOs globally through its innovative financial consolidation software. The platform, developed by financial experts, simplifies the complexities of financial reporting while providing CFOs with essential insights for strategic decision-making. Since its listing on Nasdaq First North Growth Market Denmark in 2019, with the ticker code KONSOL, Konsolidator has committed to empowering finance professionals through technology.
Contact Information
If you have inquiries or require further information, please reach out to the following contacts:
- Claus Finderup Grove, CEO: Mobile +45 2095 2988, Email: cfg@konsolidator.com
- Jack Skov, CFO: Mobile +45 2282 8845, Email: js@konsolidator.com
Additionally, certified adviser Grant Thornton can be contacted for advisory assistance, with Jesper Skaarup Vestergaard available at phone +45 3527 5011.
Frequently Asked Questions
What is the purpose of Konsolidator’s private placement?
The private placement aims to raise capital to support Konsolidator’s growth strategies and operational improvements.
How many new shares were issued in this private placement?
A total of 573,979 new shares were issued in the private placement, fully subscribed by existing investors.
What will be the ongoing impact on Konsolidator’s share capital?
Following the placement, Konsolidator's registered share capital will increase to DKK 909,388, comprising 22,734,700 shares.
When are the new shares expected to be traded?
The new shares are expected to be admitted to trading on the Nasdaq First North Growth Market Denmark soon.
How does this private placement affect ownership percentages?
The new shares represent approximately 2.6% of the total share capital before and after the capital increase, impacting existing ownership percentages minimally.
