Reference is made to the stock exchange notice fromLumi Gruppen AS ("Lumi Gruppen" or the "Company") dated16 April 2024 regarding the Company, as borrower, and Lola Bidco AS, as lender, having agreed that the first repayment instalment of a loan ofNOK 26,000,000 , plus accrued unpaid interest ofNOK 1,932,430 , in totalNOK 27,932,430 , would be converted into equity in the Company, by way of the Company issuance of a total of 2,793,243 new shares (the "Conversion Shares") to Lola Bidco AS. The share capital increase pertaining to the issuance of the Conversion Shares has now been registered with theNorwegian Register ofBusiness Enterprises (Nw. Foretaksregisteret). Following the registration, the Company's registered share capital isNOK 24,374,563.92 divided into 58,034,676 shares, each with a nominal value ofNOK 0.42 . For more information, please contact:Martin Prytz CFO,Lumi Gruppen AS Tel: +47 480 14 078 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book part II. About Lumi: Lumi Gruppen is a leading Norwegian education provider founded in 1989. Today, Lumi Gruppen consists of two main divisions: Sonans and Oslo Nye Høyskole. Sonans is the market leader inNorway within private candidate exam preparation courses, and Oslo Nye Høyskole offers high quality bachelor's degrees within health, social sciences, psychology and business and administration, both on campus and online.
Click here for more information
© Oslo Bors ASA, source