Company announcement No. 125 Reference is made to the stock exchange notice (122) byECIT AS onDecember 15, 2022 . The share capital inECIT AS is increased byNOK 802,379 through issue of 802,379 B-shares. The shares are subject to a 12-month lock-up. The ECIT-shares are valued atNOK 8.00 (rounded) per share. The shares are issued as part settlement of acquisition of 69.995 % of the shares in Agidon A/S. The share capital will be increased fromNOK 452,050,494 withNOK 802,379 toNOK 452,852,873 . The share capital increase is now registered in the Brønnøysund Register. The distribution of shares is as follows: A-shares: 41,336,068 B-shares: 343,833,849 C-shares: 67,682,956 DISCLOSURE REGULATION This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. For further information, contactIselin Paulsen , Head of CommunicationMads Skovgaard , Group CFO Iselin.paulsen@ecit.com mskovgaard@ecit.com +47 901 40 166 +45 2780 4942 About ECIT Founded in 2013, ECIT supports a large customer base with accounting, payroll, and a broad range of IT services. ECIT has a proven model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. ECIT has a proforma revenue (2021) of2.6 billion NOK and +2,300 employees across 10 countries. M&A has been a key driver of the Company's growth and ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com
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