NORBIT ASA Increases Share Capital Following Incentive Programs
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NORBIT ASA Announces Increase in Share Capital
NORBIT ASA has officially registered an increase in its share capital to support its employee incentive programs. This announcement comes on the heels of prior communications about the company's strategic initiatives.
Details of the Share Capital Increase
The Norwegian Register of Business Enterprises has recorded that as of the end of August, NORBIT ASA's new share capital stands at NOK 6,361,459.70. This capital is now divided into a total of 63,614,597 shares, each with a par value of NOK 0.10. Such an increase not only facilitates employee motivation but also strengthens the company's capital structure.
Leadership and Contact Information
Per Jørgen Weisethaunet, the CEO of NORBIT, is available for further comments regarding the recent developments. He can be reached at +47 959 62 915. Additionally, Per Kristian Reppe, the CFO, can provide insights and can be contacted at +47 900 33 203.
About NORBIT ASA
NORBIT ASA is recognized as a global leader in providing customized technology solutions across various sectors. The company's mission is to 'Explore More', indicative of its commitment to innovation and sustainability.
NORBIT operates through three distinct business segments: Oceans, Connectivity, and Product Innovation & Realization. Each segment caters to specific market needs, with the Oceans sector offering tailored tech solutions for maritime industries, Connectivity providing robust wireless identification and tracking solutions, and Product Innovation & Realization focusing on R&D services, proprietary products, and contract manufacturing tailored to key customers. With a skilled workforce of around 500 employees and facilities in Europe and North America, NORBIT has established a significant presence in the global market.
Additional Information and Regulatory Compliance
For further details about NORBIT ASA and its offerings, interested parties are encouraged to visit the official website. The company also adheres to the disclosure requirements outlined in section 5-12 of the Norwegian Securities Trading Act, ensuring transparency and accountability.
Frequently Asked Questions
What is the purpose of NORBIT ASA's capital increase?
The capital increase primarily supports employee incentive programs, fostering motivation and boosting overall company performance.
How many shares does NORBIT ASA currently have?
NORBIT ASA now has a total of 63,614,597 shares, each with a par value of NOK 0.10.
Who can I contact for more information about NORBIT ASA?
Per Jørgen Weisethaunet, the CEO, and Per Kristian Reppe, the CFO, are available for inquiries regarding the company's developments.
What segments does NORBIT ASA operate in?
NORBIT ASA operates in three segments: Oceans, Connectivity, and Product Innovation & Realization, each focusing on delivering technological solutions tailored to their respective markets.
Where is NORBIT ASA headquartered?
NORBIT ASA is headquartered in Trondheim, Norway, with additional manufacturing capabilities in Europe and North America.
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