Reference is made to the stock exchange announcement by Kahoot! AS (the "Company") on 8 June 2020 regarding the resolution by the annual general meeting to increase the Company's share capital by NOK 25,871,899.20 from NOK 12,935,949.60 to NOK 38,807,848.80 by issuance of 258,718,992 new shares in connection with the bonus share issue.
The share capital increase related to the bonus share issue has now been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). Following such registration, the new share capital of the Company is NOK 38,807,848.80, divided into 388,078,488 shares, each with a nominal value of NOK 0.10.
The last day including the right to shares in the bonus issue is 8 June 2020. The new shares will be tradeable on Merkur Market from and including tomorrow 9 June 2020 and are expected to be available at the shareholders' VPS accounts on 11 June 2020.
For further information please contact:
Eilert Hanoa, CEO
Phone: +47 928 32 905
Email: eilerth@kahoot.com
Ken Østreng, CFO
Phone: +47 911 51 686
Email: keno@kahoot.com
About Kahoot! Kahoot! is on a mission to make learning awesome! We want to empower every child, student and employee to unlock their full learning potential. Our game‐based learning platform makes it easy to create, share and play learning games driving compelling engagement. In addition, our family of apps takes math learning to a new level and empowers children to learn to read through play. Launched in 2013, Kahoot!’s vision is to build the leading learning platform in the world. Over the past 12 months, 218 million games were played on the Kahoot! platform with 1.3 billion participating players in 200 countries. The company is headquartered in Norway with offices in the US, the UK, France and Finland. Let’s play!
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This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.