Brief: Hiddn: Hiddn Security Files For Bankruptcy

Arribatec ASA

21/05/2019 08:01

May 21 (Reuters) - Hiddn Solutions ASA  HIDDNS.OL :
    * HIDDN - HIDDN SECURITY AS, A 100% OWNED DAUGHTER COMPANY
OF
HIDDN SOLUTIONS ASA, HAS ENTERED A PETITION FOR BANKRUPTCY
PROCEEDINGS WITH OSLO ENFORCEMENT, BANKRUPTCY AND PROBATE COURT.
    * BUSINESS COMBINATION WITH ENERGOS GROUP ASA WILL CONTINUE
AS
PLANNED AND BE PROPOSED FOR GENERAL ASSEMBLY IN MID JUNE 2019.
    * BOARD OF DIRECTORS HAS MADE A RESOLUTION TO ENTER A
PETITION FOR
BANKRUPTCY PROCEEDINGS WITH OSLO ENFORCEMENT, BANKRUPTCY AND
PROBATE COURT
    * PETITION WILL BE FILED TODAY, MAY 21, 2019.
    * WILL NOT CONTRIBUTE WITH FURTHER FUNDING TO HIDDN SECURITY
AS.
    * BOARD OF DIRECTORS HAS MADE A RESOLUTION TO ENTER A
PETITION FOR
BANKRUPTCY PROCEEDINGS WITH OSLO ENFORCEMENT, BANKRUPTCY AND
PROBATE COURT
    * PETITION WILL BE FILED TODAY

Source text for Eikon:  ID:nWkr9bNrVz 
Further company coverage:  HIDDNS.OL 

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