Odico A/S

ODICO A/S RIGHTS ISSUE: Odico receives top guarantee of 0.4 mDKK

16.11.2023 09:00:40 CET | Odico A/S | Company Announcement

Inside information: Additional commitment of 0.4 mDKK in ongoing Rights Issue

Company announcement nr. 84-2023

ODICO A/S ("Odico" or "the Company") has today received additional commitment of 400,000 DKK covering from 70% to 100% of the ongoing rights issue.

In the ongoing rights issue ("Rights Issue" or "the Issue") (announced in the company announcement nr. 80-2023 on 31 October 2023), Odico is raising approximately 13.8 million DKK, of which a total of 7.6 million DKK (corresponding to 55.1% of the Issue) has been secured through pre-subscription and underwriting agreements.

Today, Odico has received an additional commitment of 400,000 DKK in underwriting from the top guarantor bracket, which covers 70% to 100% of the Issue. As a result, a total of 8.0 million DKK of the Issue is now secured (corresponding to 57.9% of the total Issue).

The ongoing Rights Issue will end its subscription period on November 20, 2023, at 5:00 PM (CET). However, it's worth noting that many banks may close their subscription processes before this deadline.

For Nordnet users, it will still be possible to purchase subscription rights and subscribe for new shares until November 16, 2023, 5.00 PM (CET). You can access the subscription page on Nordnet by following the link provided below.

Key people and advisers

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 Advisor:
Gemstone Capital A/S
Strandvejen 60,
DK-2900 Hellerup
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

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

www.bakertilly.dk

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

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