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Serodus ASA's EGM Approves Merger with Phlogo ApS and Share Capital Increase

Monday, 8 Jul 2013 04:37pm EDT 

Serodus ASA announced that the Company's Extraordinary General Meeting (EGM) unanimously approved the proposed merger with Phlogo ApS. The EGM also passed the resolution to increase the share capital from NOK 15,598,494.60 to NOK 18,198,494.60 by increasing number of shares by issuing 2,000,000 new shares, each with a nominal value of NOK 1.30. The new shares will be issued to the existing shareholders in Phlogo ApS as payment for the merger with Serodus ASA. 

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