Oslo, Norway – 11 April 2016

Reference is made to the stock exchange notice given earlier day today regarding Induct AS's ("Induct" or the "Company") completion of a First Private Placement of NOK 8 million in cash payment and a Second Private Placement of NOK 10 million and a Subsequent Offering of NOK 5 million.

To resolve the Second Private Placement and the Subsequent Offering, the board of directors of the Company hereby gives notice of an extraordinary general meeting to be held on 18 April 2016 at 17:00h at the Company's premises. Please find the notice enclosed.

The following primary insiders will participate in the Second Private Placement:


Kim Hamli (EVP Sales) and Tor Andre Johansen (CTO) has entered into an agreement with Øystein Tvenge, whereby they will re-sell the shares they are allocated in the Subsequent Offering to Øystein Tvenge. A separate primary insider notification will be published when the transaction has been carried out.

For further information, please contact:

Alf Martin Johansen, Chief Executive Officer
+47 90 17 94 35

About Induct:

Based on eight years of collaboration with over 250 organizations, Induct offers innovation communities, delivered as "Software as a Service," that enable organizations to create, manage, track and measure the innovation process from idea creation through to final implementation and impact reporting. Induct enables its customers to connect with each other in larger networks to share best practices, while deploying and monetizing initiatives - all within a secure, collaborative, and access-controlled cloud-based network. Induct is listed on the Merkur Market list on the Oslo Stock Exchange with the ticker INDUCT-ME.

Induct: "Connecting Innovation Communities"


Attachment 1: 160411 - Innkalling EGF.pdf

Attachment 2: 160411 - Styrets redegjørelse - Reparasjonsemisjon

Attachment 3: 160411 - Styrets redegjørelse - Rettet emisjon

Attachment 4: 160411 Induct Uttalelse Revisor Reparasjonsemisjon

Attachment 5: 160411 Induct Uttalelse Revisor Rettet emisjon

Posted on April 11, 2016 and filed under Stock announcements, Company news, Investor relations.