Brief: Hiddn Solutions Board Is Assessing Recapitalisation

Arribatec ASA

03/07/2019 14:31

July 3 (Reuters) - Hiddn Solutions ASA  HIDDNS.OL :
    * UPDATE RECAPITALISATION
    * COMPANY IS INSOLVENT AND OPERATING AT A LOSS
    * BOARD HAS NOT SUCCEEDED IN ITS EFFORTS TO SECURE A SHARE
ISSUE
AT PAR
    * DUE TO RECENT EVENTS, BOARD OF COMPANY IS ACTIVELY
ASSESSING
POSSIBILITIES OF RECAPITALISATION
    * BOARD OF COMPANY WILL RECONVENE TOMORROW, THURSDAY 4TH OF
JULY
AT 16.30 CET

Source text for Eikon:  ID:nObiCC1bBa 
Further company coverage:  HIDDNS.OL 

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