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Addnode Group has completed the acquisition of Genus and issues 2,024,442 B shares

01 July 2025, 15:30 CEST Regulatory

On May 28, 2025, Addnode Group announced that the company had signed an agreement to acquire the No Code company Genus AS (”Genus”) in Norway. Closing took place today, July 1, 2025. Addnode Group pays the sellers in cash and newly issued B shares.

In connection with the closing, the Board of Directors of Addnode Group has resolved to carry out an issue of B shares in Addnode Group to the sellers as part of the payment of the purchase price, under the authorization from Addnode Group's Annual General Meeting. The number of newly issued B shares amounts to 2,024,442, which, calculated after the issue, corresponds to a dilution of 1.48 per cent of the share capital and 1.18 per cent of the voting rights in Addnode Group. The number of shares in Addnode Group increases from a total of 134,528,232 to 136,552,674 shares.

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  • Christina Rinman

    Head of Corporate Communication and Sustainability

    +46 (0) 709 711 213

    Email