Company announcement  nr. 87-2023 - Rights issue completed

ODICO A/S (“Odico” or the “Company”) announced the 27th of November 2023 that a technical delay occurred in the process of the capital increase and therefor a delay in the first day of trading in connection with the rights issue (“Rights Issue” or the “Issue”).

The registration of the capital increase with the Danish Business Authority, in relation to the Rights Issue, has been completed today the 29th of November 2023. The Company has registered an increase in the share capital of 527,916.40 DKK, corresponding to 10,558,328 shares of nominally 0.05 DKK per share. The Company’s share capital has increased from nominally 911,096.30 DKK to nominally 1,439,012.70 DKK, corresponding to an increase in shares from 18,221,926 shares to 28,780,254 shares.

The new shares are identical to the Company’s existing shares and admitted to trading on Nasdaq First North Growth Market Denmark under the ticker [ODICO]. The new shares are expected to be admitted to trading under the permanent ISIN code DK0061031036 on 5th of December 2023.

Advisors
In connection with the Rights Issue, Gemstone Capital A/S acts as financial advisors to Odico and Baker Tilly Corporate Finance P/S acts as Certified Adviser.

The Company’s Board of Directors:

Søren Ravn Jensen (Chairman BoD), Marlene Haugaard (Member BoD), Bjarke Ruse Sejersen (Member BoD).

The Company’s Management:

Henrik Jacobsen (CEO), Claus Henningsen (CFO), Asbjørn Søndergaard (CTO) Alexander Andersen (CCO)

Financial Adviser:
Gemstone Capital A/S
Strandvejen 60,
DK-2900 Hellerup
Denmark

Issuing Agent and Settlement Agent:
Nordic Issuing AB
Stortorget 3
SWE-211 22 Malmö
Sweden

Certified Adviser:
Baker Tilly Corporate Finance P/S
Poul Bundgaards Vej 11,
DK-2500 Valby
Denmark

Legal Adviser:
Danders & More Advokatpartnerselskab
Frederiksgade 17,
DK-1265 København K
Denmark

For further information about Odico, please contact:
Henrik Jacobsen
CEO, Odico A/S
henrik.jacobsen@odico.dk
+45 3015 2229

For further information about the Issue, please contact:
Sadjad Hassani
Associate, Gemstone Capital A/S
sh@gemstonecapital.com
+45 2758 5929

About Odico A/S

Odico A/S utilizes cutting-edge robotic solutions to increase efficiency and precision in the construction industry. Odico's state-of-the-art robotics technology automates traditionally labor-intensive tasks, leading to significantly increased productivity and cost savings. 

With a focus on reducing material waste and CO2 emissions, Odico is leading the way in digital manufacturing and scalable robotic solutions, shaping the future of the industry through innovation. 

Odico A/S prides itself on being at the forefront of innovation for a sustainable future.

Read more about Odico and see case examples at www.odico.dk

Attachments

  • Download announcement as PDF.pdf

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