Reference is made to the stock exchange notice earlier today from PSI Group regarding a successfully completed placement. As mentioned therein, the board will propose to the forthcoming extraordinary general meeting a subsequent offering of new shares to those of the company's shareholders per 1 June 2011 (as recorded in the VPS on 7 June 2011 or in the VPC on 8 June 2011) that were not invited to participate in the private placement at the same price per new share as the offer price in the private placement (i.e. NOK 3.30). The maximum number of new shares to be offered in the subsequent offering will be 13,000,000 shares.
In connection with the placement, the following of the company's primary insiders have today received conditional allocation of new shares at the offer price of NOK 3.30:
Svein Jacobsen, Chairman (Allocated new shares: 315,200. New shareholding provided completion: 365,200 shares).
Selma Kveim, Board member (Allocated new shares: 25,200. New shareholding provided completion: 31,700 shares).
Patrick Sandahl (Tenco AS), Board member (Allocated new shares: 41,600. New shareholding provided completion: 83,600 shares).
Jørgen Waaler, CEO (Allocated new shares: 504,200. New shareholding provided completion: 804,200 shares).
Torgeir Abusdal, CEO Cash Management Retail (Allocated new shares: 378,200. New shareholding provided completion: 412,200 shares).
Anders Nilsen, CFO (Allocated new shares: 20,000. New shareholding provided completion: 33,000 shares).
Erik Svedmark, CEO Cash Management CIT/ATM (Allocated new shares: 53,000. New shareholding provided completion: 78,000 shares).
Per Haagensen, CEO Retail Solutions (Allocated new shares: 5,000. New shareholding provided completion: 10,000 shares).
Issuance and delivery of the allocated new shares are subject to the conditions for completion of the private placement communicated in the stock exchange notice referred to above
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.