Reference is made to stock exchange notice of 10.01.2011 regarding the subsequent offering of shares in TTS Group ASA. Four bondholders have converted a total of NOK 8 500 000,-, to 915 561 shares based on the rate 9.2839 per share.
Subsequent to these conversions the remaining nominal convertible bond debt is NOK 101 345 000, corresponding to 10 916 210 conversion rights.
The new share capital in TTS Group ASA of NOK 42 979 690,50 divided into 85 959 381 shares, has been registered in the Norwegian Registry of Business Enterprises.
Bergen, 1st of August 2012
Contact persons:
Johannes D. Neteland
President & CEO
Tel +47 918 46 906
Arild Apelthun
CFO
Tel +47 918 19 265
TTS Group ASA
Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.